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Dimitris Georgarakos

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Georgarakos, Dimitris & Haliassos, Michael & Pasini, Giacomo, 2012. "Household debt and social interactions," CFS Working Paper Series 2012/05, Center for Financial Studies (CFS).

    Mentioned in:

    1. The social pressure of overborrowing
      by Economic Logician in Economic Logic on 2013-07-01 18:51:00

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography of Economics:
  1. Olivier Coibion & Dimitris Georgarakos & Yuriy Gorodnichenko & Maarten van Rooij, 2019. "How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial," NBER Working Papers 26106, National Bureau of Economic Research, Inc.

    Mentioned in:

    1. > Macroeconomics > Monetary Theory
  2. Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli & Geoff Kenny, 2020. "The Covid-19 Crisis and Consumption: Survey Evidence from Six EU Countries," Working Papers 2020_31, Business School - Economics, University of Glasgow.

    Mentioned in:

    1. > Economics of Welfare > Health Economics > Economics of Pandemics > Specific pandemics > Covid-19 > Economic consequences > Consumption

Working papers

  1. D'Acunto, Francesco & Charalambakis, Evangelos & Georgarakos, Dimitris & Kenny, Geoff & Meyer, Justus & Weber, Michael, 2024. "Household Inflation Expectations: An Overview of Recent Insights for Monetary Policy," CEPR Discussion Papers 19167, C.E.P.R. Discussion Papers.

    Cited by:

    1. João Nuno Quelhas, 2024. "Inflation expectations and household choices: the role of financial knowledge," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    2. Ehrmann, Michael, 2024. "Trust in central banks," Working Paper Series 3006, European Central Bank.
    3. Di Nino, Virginia & Aprigliano, Valentina, 2024. "How income expectations adjust to inflation – a consumers’ expectations-revealed pass-through," Working Paper Series 2986, European Central Bank.
    4. Isabel Gameiro & Rita Duarte & Ildeberta Abreu, 2024. "Reaching out to the general public: a challenging journey for central banks," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    5. Ray C. Fair, 2024. "Inflation expectations, price equations, and Fed effects," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 59(4), pages 211-219, October.
    6. Checherita-Westphal, Cristina & Pesso, Tom, 2024. "Fiscal policy and inflation: accounting for non-linearities in government debt," Working Paper Series 2996, European Central Bank.
    7. Dräger, Lena & Floto, Maximilian & Schröder, Marina, 2024. "Inflation Expectations and Economic Preferences," Hannover Economic Papers (HEP) dp-726, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.

  2. Georgarakos, Dimitris & Gorodnichenko, Yuriy & Coibion, Olivier & Kenny, Geoff, 2024. "The Causal Effects of Inflation Uncertainty on Households' Beliefs and Actions," IZA Discussion Papers 17317, Institute of Labor Economics (IZA).

    Cited by:

    1. Schnorpfeil, Philip & Weber, Michael & Hackethal, Andreas, 2024. "Households' response to the wealth effects of inflation," CFS Working Paper Series 728, Center for Financial Studies (CFS).

  3. Baumann, Ursel & Ferrando, Annalisa & Georgarakos, Dimitris & Gorodnichenko, Yuriy & Reinelt, Timo, 2024. "SAFE to Update Inflation Expectations? New Survey Evidence on Euro Area Firms," CEPR Discussion Papers 19161, C.E.P.R. Discussion Papers.

    Cited by:

    1. Ehrmann, Michael, 2024. "Trust in central banks," Working Paper Series 3006, European Central Bank.
    2. Yotzov, Ivan & Bloom, Nicholas & Bunn, Philip & Mizen, Paul & Thwaites, Gregory, 2024. "The speed of firm response to inflation," Bank of England working papers 1085, Bank of England.

  4. van Rooij, Maarten & Coibion, Olivier & Georgarakos, Dimitris & Candia, Bernardo & Gorodnichenko, Yuriy, 2024. "Keeping Up With The Jansens: Causal Peer Effects On Household Spending, Beliefs And Happiness," CEPR Discussion Papers 19133, C.E.P.R. Discussion Papers.

    Cited by:

    1. Makridis, Christos A. & Wang, Tao, 2024. "Learning from Friends in a Pandemic: Social networks and the macroeconomic response of consumption," European Economic Review, Elsevier, vol. 169(C).

  5. Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio & Kenny, Geoff, 2024. "Wealth Shocks and Portfolio Choice," CEPR Discussion Papers 19279, C.E.P.R. Discussion Papers.

    Cited by:

    1. Olivier Armantier & Jérôme Foncel & Nicolas Treich, 2023. "Insurance and portfolio decisions: Two sides of the same coin?," Post-Print hal-04062463, HAL.

  6. Weber, Michael & Candia, Bernardo & Ropele, Tiziano & Lluberas, Rodrigo & Frache, Serafin & Meyer, Brent & Kumar, Saten & Gorodnichenko, Yuriy & Georgarakos, Dimitris & Coibion, Olivier & Kenny, Geoff, 2023. "Tell Me Something I don't Already Know: Learning in Low and High-inflation Settings," CEPR Discussion Papers 18299, C.E.P.R. Discussion Papers.

    Cited by:

    1. Philip Schnorpfeil & Michael Weber & Andreas Hackethal, 2023. "Households' Response to the Wealth Effects of Inflation," NBER Working Papers 31672, National Bureau of Economic Research, Inc.
    2. Schnorpfeil, Philip & Weber, Michael & Hackethal, Andreas, 2024. "Inflation and trading," SAFE Working Paper Series 419, Leibniz Institute for Financial Research SAFE.
    3. Philip Schnorpfeil & Michael Weber & Andreas Hackethal & Michael Weber, 2024. "Inflation and Trading," CESifo Working Paper Series 11580, CESifo.
    4. Oliver Pfauti, 2023. "The Inflation Attention Threshold and Inflation Surges," Papers 2308.09480, arXiv.org, revised Aug 2024.
    5. Daria Minina & Gabriele Galati & Richhild Moessner & Maarten van Rooij, 2024. "The effect of information on consumer inflation expectations," Working Papers 810, DNB.
    6. Nathan Goldstein & Ohad Raveh, 2024. "Looking up the sky: unidentified aerial phenomena and macroeconomic attention," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-25, December.

  7. Ehrmann, Michael & Georgarakos, Dimitris & Kenny, Geoff, 2023. "Credibility gains from communicating with the public: evidence from the ECB’s new monetary policy strategy," Working Paper Series 2785, European Central Bank.

    Cited by:

    1. Ehrmann, Michael, 2024. "Trust in central banks," Working Paper Series 3006, European Central Bank.
    2. Felici, Marco & Kenny, Geoff & Friz, Roberta, 2023. "Consumer savings behaviour at low and negative interest rates," European Economic Review, Elsevier, vol. 157(C).
    3. Joris Wauters & Zivile Zekaite & Garo Garabedian, 2024. "Owner-occupied housing costs, policy communication, and inflation expectations," French Stata Users' Group Meetings 2024 11, Stata Users Group.
    4. Lena Dräger & Giang Nghiem, 2023. "Inflation Literacy, Inflation Expectations, and Trust in the Central Bank: A Survey Experiment," CESifo Working Paper Series 10539, CESifo.
    5. Anna Dobrzańska & Paweł Smaga, 2024. "Assessment of macroprudential strategy documents: Are they ready for the challenges ahead?," Journal of Banking Regulation, Palgrave Macmillan, vol. 25(4), pages 437-450, December.
    6. Hoffmann, Mathias & Mönch, Emanuel & Pavlova, Lora & Schultefrankenfeld, Guido, 2023. "Forceful or persistent: Wow the ECB's new inflation target affects households' inflation expectations," Discussion Papers 27/2023, Deutsche Bundesbank.
    7. Nghiem, Giang & Dräger, Lena & Dalloul, Ami, 2024. "Anchoring Households' Inflation Expectations when Inflation is High," Hannover Economic Papers (HEP) dp-719, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.

  8. Georgarakos, Dimitris & Kenny, Geoff, 2022. "Household spending and fiscal support during the COVID-19 pandemic: insights from a new consumer survey," Working Paper Series 2643, European Central Bank.

    Cited by:

    1. Ehrmann, Michael, 2024. "Trust in central banks," Working Paper Series 3006, European Central Bank.
    2. Hyeongwoo Kim & Shuwei Zhang, 2022. "Policy Coordination and the Effectiveness of Fiscal Stimulus," Auburn Economics Working Paper Series auwp2022-01, Department of Economics, Auburn University.
    3. Dimitris Georgarakos & Tullio Jappelli & Geoff Kenny & Luigi Pistaferri, 2023. "Labor Supply Response to Windfall Gains," CSEF Working Papers 682, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    4. Zeqiraj, Veton & Gurdgiev, Constantin & Sohag, Kazi & Hammoudeh, Shawkat, 2024. "Economic uncertainty, public debt and non-performing loans in the Eurozone: Three systemic crises," International Review of Financial Analysis, Elsevier, vol. 93(C).
    5. Di Nino, Virginia & Aprigliano, Valentina, 2024. "How income expectations adjust to inflation – a consumers’ expectations-revealed pass-through," Working Paper Series 2986, European Central Bank.
    6. Justus Meyer & Federica Teppa, 2023. "Euro area consumers' payment behaviour and banking digitalisation," Working Papers 772, DNB.
    7. Ambrocio, Gene & Hasan, Iftekhar, 2022. "Belief polarization and Covid-19," Bank of Finland Research Discussion Papers 10/2022, Bank of Finland.
    8. Michael Weber & Bernardo Candia & Hassan Afrouzi & Tiziano Ropele & Rodrigo Lluberas & Serafin Frache & Brent Meyer & Saten Kumar & Yuriy Gorodnichenko & Dimitris Georgarakos & Olivier Coibion & Geoff, 2025. "Tell Me Something I Don't Already Know: Learning in Low‐ and High‐Inflation Settings," Econometrica, Econometric Society, vol. 93(1), pages 229-264, January.
    9. Baumann, Ursel & Ferrando, Annalisa & Georgarakos, Dimitris & Gorodnichenko, Yuriy & Reinelt, Timo, 2024. "SAFE to Update Inflation Expectations? New Survey Evidence on Euro Area Firms," IZA Discussion Papers 17015, Institute of Labor Economics (IZA).
    10. Evi Pappa & Andrey Ramos & Eugenia Vella, 2022. "Which crisis support fiscal measures worked during the COVID-19 shock in Europe?," DEOS Working Papers 2217, Athens University of Economics and Business.
    11. Da Silva, António Dias & Rusinova, Desislava & Weißler, Marco, 2023. "Consumption effects of job loss expectations: new evidence for the euro area," Working Paper Series 2817, European Central Bank.
    12. Emmanuel Mamatzakis & Mike G. Tsionas & Steven Ongena, 2023. "Why do households repay their debt in UK during the COVID-19 crisis?," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 50(8), pages 1789-1823, April.
    13. Ehrmann, Michael & Georgarakos, Dimitris & Kenny, Geoff, 2023. "Credibility gains from communicating with the public: evidence from the ECB’s new monetary policy strategy," Working Paper Series 2785, European Central Bank.
    14. Dimitris Georgarakos & Yuriy Gorodnichenko & Olivier Coibion & Geoff Kenny, 2024. "The Causal Effects of Inflation Uncertainty on Households' Beliefs and Actions," NBER Working Papers 33014, National Bureau of Economic Research, Inc.
    15. Stanisławska, Ewa & Paloviita, Maritta, 2024. "Heterogeneous responsiveness of consumers’ medium-term inflation expectations," Economics Letters, Elsevier, vol. 237(C).
    16. Domenico Depalo, 2024. "Gloomy expectations after the invasion of Ukraine," Empirical Economics, Springer, vol. 67(1), pages 97-109, July.
    17. Sandra Gomes & Nuno Monteiro & Pedro Pires Ribeiro, 2024. "Euro area inflation expectations: A focus on consumers’ expectations," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    18. Ganchimeg Gombodorj & Károly Pető, 2022. "What Type of Households in Mongolia Are Most Hit by COVID-19?," Sustainability, MDPI, vol. 14(6), pages 1-20, March.
    19. Meinerding, Christoph & Poinelli, Andrea & Schüler, Yves, 2023. "Households’ inflation expectations and concern about climate change," European Journal of Political Economy, Elsevier, vol. 80(C).
    20. Clodomiro Ferreira & Stefano Pica, 2023. "Household Perceived Sources of Business Cycle Fluctuations: a Tale of Supply and Demand," Working Papers 287, Red Nacional de Investigadores en Economía (RedNIE).

  9. Bańnkowska, Katarzyna & Borlescu, Ana Maria & Charalambakis, Evangelos & Da Silva, António Dias & Di Laurea, Davide & Dossche, Maarten & Georgarakos, Dimitris & Honkkila, Juha & Kennedy, Neale & Kenny, 2021. "ECB Consumer Expectations Survey: an overview and first evaluation," Occasional Paper Series 287, European Central Bank.

    Cited by:

    1. Christophe Blot & Caroline Bozou & Jérôme Creel, 2022. "Inflation expectations in the euro area: trends and policy considerations," Post-Print hal-03943684, HAL.
    2. Acharya, Viral & Crosignani, Matteo & Eisert, Tim & Eufinger, Christian, 2023. "How do supply shocks to inflation generalize? Evidence from the pandemic era in Europe," CEPR Discussion Papers 18530, C.E.P.R. Discussion Papers.
    3. Daria Minina & Gabriele Galati & Richhild Moessner & Maarten van Rooij, 2024. "The effect of information on consumer inflation expectations," Working Papers 810, DNB.

  10. Assenmacher, Katrin & Glöckler, Gabriel & Holton, Sarah & Trautmann, Peter & Ioannou, Demosthenes & Mee, Simon & Alonso, Conception & Argiri, Eleni & Arigoni, Filippo & Bakk-Simon, Klára & Bergbauer, , 2021. "Clear, consistent and engaging: ECB monetary policy communication in a changing world," Occasional Paper Series 274, European Central Bank.

    Cited by:

    1. Donato Masciandaro & Oana Peia & Davide Romelli, 2022. "Central Bank Communication and Social Media: From Silence to Twitter," BAFFI CAREFIN Working Papers 22187, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    2. Beck, Günter W. & Carstensen, Kai & Menz, Jan-Oliver & Schnorrenberger, Richard & Wieland, Elisabeth, 2024. "Nowcasting consumer price inflation using high-frequency scanner data: evidence from Germany," Working Paper Series 2930, European Central Bank.
    3. Ehrmann, Michael & Holton, Sarah & Kedan, Danielle & Phelan, Gillian, 2022. "Monetary policy communication – past ECB policymakers commend Bank’s progress and call for more," Research Bulletin, European Central Bank, vol. 93.
    4. Herzog, Bodo, 2023. "How credible is average and symmetric inflation targeting in an episode of high inflation?," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 1750-1761.
    5. Angino, Siria & Robitu, Robert, 2023. "One question at a time! A text mining analysis of the ECB Q&A session," Working Paper Series 2852, European Central Bank.

  11. Gorodnichenko, Yuriy & Georgarakos, Dimitris & Kenny, Geoff & Weber, Michael, 2021. "The Effect of Macroeconomic Uncertainty on Household Spending," CEPR Discussion Papers 15966, C.E.P.R. Discussion Papers.

    Cited by:

    1. Goldfayn-Frank, Olga & Kieren, Pascal & Trautmann, Stefan, 2024. "A Choice-Based Approach to the Measurement of Inflation Expectations," Working Papers 0742, University of Heidelberg, Department of Economics.
    2. Heiner Mikosch & Christopher Roth & Samad Sarferaz & Johannes Wohlfart, 2021. "Uncertainty and Information Acquisition: Evidence from Firms and Households," ECONtribute Discussion Papers Series 129, University of Bonn and University of Cologne, Germany.
    3. Giovanni Immordino & Tullio Jappelli & Tommaso Oliviero & Alberto Zazzaro, 2021. "Fear of COVID-19 Contagion and Consumption: Evidence from a Survey of Italian Households," CSEF Working Papers 601, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    4. Ehrmann, Michael, 2024. "Trust in central banks," Working Paper Series 3006, European Central Bank.
    5. Weber, Michael & D'Acunto, Francesco & Fuster, Andreas, 2021. "Diverse Policy Committees Can Reach Underrepresented Groups," CEPR Discussion Papers 16563, C.E.P.R. Discussion Papers.
    6. Georgarakos, Dimitris & Kenny, Geoff, 2022. "Household spending and fiscal support during the COVID-19 pandemic: insights from a new consumer survey," Working Paper Series 2643, European Central Bank.
    7. Jonathan J Adams & Eugenio Rojas, 2023. "Household Consumption and Dispersed Information," Working Papers 001009, University of Florida, Department of Economics.
    8. Yuriy Gorodnichenko & Xiao Yin, 2024. "Higher-Order Beliefs and Risky Asset Holdings," NBER Working Papers 32680, National Bureau of Economic Research, Inc.
    9. Peter Andre & Carlo Pizzinelli & Christopher Roth & Johannes Wohlfart, 2021. "Subjective Models of the Macroeconomy: Evidence From Experts and Representative Samples," ECONtribute Discussion Papers Series 119, University of Bonn and University of Cologne, Germany.
    10. Giuseppe Rose & Desiré De Luca, 2024. "Health Concerns And Consumption Expectations During Covid-19: Evidence From A Fuzzy Regression Discontinuity Design," Working Papers 202401, Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania" - DESF.
    11. Vod Vilfort & Whitney Zhang, 2023. "Interpreting TSLS Estimators in Information Provision Experiments," Papers 2309.04793, arXiv.org, revised Jun 2024.
    12. Christoph Görtz & Danny McGowan & Mallory Yeromonahos, 2023. "Furlough and Household Financial Distress during the COVID‐19 Pandemic," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 85(6), pages 1157-1184, December.
    13. Divakaruni, Anantha & Zimmerman, Peter, 2021. "Uncovering Retail Trading in Bitcoin: The Impact of COVID-19 Stimulus Checks," SocArXiv khw8a, Center for Open Science.
    14. Schnorpfeil, Philip & Weber, Michael & Hackethal, Andreas, 2024. "Inflation and trading," SAFE Working Paper Series 419, Leibniz Institute for Financial Research SAFE.
    15. Freund, L. B. & Lee, H. & Rendahl, P., 2022. "The Risk-Premium Channel of Uncertainty: Implications for Unemployment and Inflation," Cambridge Working Papers in Economics 2251, Faculty of Economics, University of Cambridge.
    16. Michael Weber & Francesco D’Acunto & Yuriy Gorodnichenko & Olivier Coibion, 2022. "The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications," NBER Working Papers 30046, National Bureau of Economic Research, Inc.
    17. Philip Schnorpfeil & Michael Weber & Andreas Hackethal & Michael Weber, 2024. "Inflation and Trading," CESifo Working Paper Series 11580, CESifo.
    18. Alexander M. Dietrich & Keith Kuester & Gernot J. Müller & Raphael S. Schoenle, 2020. "News and uncertainty about COVID-19: Survey evidence and short-run economic impact," ECONtribute Policy Brief Series 004, University of Bonn and University of Cologne, Germany.
    19. Oh, Joonseok & Picco, Anna Rogantini, 2024. "Macro uncertainty, unemployment risk, and consumption dynamics," Working Paper Series 2971, European Central Bank.
    20. Albuquerque, Bruno & Green, Georgina, 2022. "Financial concerns and the marginal propensity to consume in Covid times: evidence from UK survey data," Bank of England working papers 965, Bank of England.
    21. Xiang, Feiyun & Fu, Yimang, 2024. "The asymmetric and time-varying effects of trade policy uncertainty on the insurance premiums in China: Evidence from cross-quantilogram," Finance Research Letters, Elsevier, vol. 67(PB).
    22. Giovanni Immordino & Tullio Jappelli & Tommaso Oliviero, 2024. "Consumption and income expectations during Covid-19," Review of Economics of the Household, Springer, vol. 22(1), pages 95-116, March.
    23. Kumar, Saten & Gorodnichenko, Yuriy & Coibion, Olivier, 2022. "The Effect of Macroeconomic Uncertainty on Firm Decisions," IZA Discussion Papers 15449, Institute of Labor Economics (IZA).
    24. Dovern, Jonas, 2024. "Eliciting expectation uncertainty from private households," International Journal of Forecasting, Elsevier, vol. 40(1), pages 113-123.
    25. Wei Yang & Yifu Zhang & Yuan Hu, 2022. "Heterogeneous Impact of Economic Policy Uncertainty on Provincial Environmental Pollution Emissions in China," Sustainability, MDPI, vol. 14(9), pages 1-13, April.
    26. Dylong, Patrick & Koenings, Fabian, 2023. "Framing of economic news and policy support during a pandemic: Evidence from a survey experiment," European Journal of Political Economy, Elsevier, vol. 76(C).
    27. D'Acunto, Francesco & Malmendier, Ulrike M. & Weber, Michael, 2022. "What Do the Data Tell Us About Inflation Expectations?," CEPR Discussion Papers 17094, C.E.P.R. Discussion Papers.
    28. Ying Chen & Xiaoqian Shen & Li Wang, 2021. "The Heterogeneity Research of the Impact of EPU on Environmental Pollution: Empirical Evidence Based on 15 Countries," Sustainability, MDPI, vol. 13(8), pages 1-13, April.
    29. D’Acunto, Francesco & Rossi, Alberto G. & Weber, Michael, 2024. "Crowdsourcing peer information to change spending behavior," Journal of Financial Economics, Elsevier, vol. 157(C).
    30. Lukas Freund & Hanbaek Lee & Pontus Rendahl, 2022. "Online Appendix to "The Risk-Premium Channel of Uncertainty: Implications for Unemployment and Inflation"," Online Appendices 21-230, Review of Economic Dynamics.
    31. Marcelo A. T. Aragão & Fabia A. de Carvalho, 2023. "A Little Less Uncertain about the Relationship between Economic Policy Uncertainty and Economic Activity," Working Papers Series 585, Central Bank of Brazil, Research Department.
    32. Dietrich, Alexander M. & Müller, Gernot J. & Schoenle, Raphael S., 2024. "Big news: Climate-disaster expectations and the business cycle," Journal of Economic Behavior & Organization, Elsevier, vol. 227(C).
    33. Michal Marencak, 2023. "State-dependent inflation expectations and consumption choices," Working and Discussion Papers WP 10/2023, Research Department, National Bank of Slovakia.
    34. Bonaccorsi, Giovanni & Scotti, Francesco & Pierri, Francesco & Flori, Andrea & Pammolli, Fabio, 2024. "Targeted policies and household consumption dynamics: Evidence from high-frequency transaction data," Journal of Economic Behavior & Organization, Elsevier, vol. 224(C), pages 111-134.
    35. Rifai Afin, 2023. "Interlinka Terlinkage Of M Ge Of Macroeconomic Uncer Croeconomic Uncertainty And Macroeconomic Performance: Evidence From Asean-5 Countries Panel Var," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 26(1), pages 39-68, March.
    36. Jain, Monica & Kostyshyna, Olena & Zhang, Xu, 2024. "How do people view wage and price inflation?," Journal of Monetary Economics, Elsevier, vol. 145(C).
    37. Popova, Olga & See, Sarah Grace & Nikolova, Milena & Otrachshenko, Vladimir, 2023. "The societal costs of inflation and unemployment," GLO Discussion Paper Series 1341, Global Labor Organization (GLO).
    38. Azqueta-Gavaldón, Andrés & Hirschbühl, Dominik & Onorante, Luca & Saiz, Lorena, 2023. "Sources of Economic Policy Uncertainty in the euro area," European Economic Review, Elsevier, vol. 152(C).
    39. Dräger, Lena & Floto, Maximilian & Schröder, Marina, 2024. "Inflation Expectations and Economic Preferences," Hannover Economic Papers (HEP) dp-726, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    40. Schnorpfeil, Philip & Weber, Michael & Hackethal, Andreas, 2024. "Households' response to the wealth effects of inflation," CFS Working Paper Series 728, Center for Financial Studies (CFS).
    41. Xu, Can, 2023. "Do households react to policy uncertainty by increasing savings?," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 770-785.
    42. Sarantis Tsiaplias, 2024. "Inflation as a 'bad', heuristics and aggregate shocks: New evidence on expectation formation," Melbourne Institute Working Paper Series wp2024n03, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    43. Bańnkowska, Katarzyna & Borlescu, Ana Maria & Charalambakis, Evangelos & Da Silva, António Dias & Di Laurea, Davide & Dossche, Maarten & Georgarakos, Dimitris & Honkkila, Juha & Kennedy, Neale & Kenny, 2021. "ECB Consumer Expectations Survey: an overview and first evaluation," Occasional Paper Series 287, European Central Bank.
    44. Schnorpfeil, Philip & Weber, Michael & Hackethal, Andreas, 2024. "Inflation and trading," CFS Working Paper Series 727, Center for Financial Studies (CFS).
    45. Clodomiro Ferreira & Stefano Pica, 2023. "Household Perceived Sources of Business Cycle Fluctuations: a Tale of Supply and Demand," Working Papers 287, Red Nacional de Investigadores en Economía (RedNIE).

  12. Cecion, Martina & Coenen, Günter & Gerke, Rafael & Le Bihan, Hervé & Motto, Roberto & Aguilar, Pablo & Ajevskis, Viktors & Giesen, Sebastian & Albertazzi, Ugo & Gilbert, Niels & Al-Haschimi, Alexander, 2021. "The ECB’s price stability framework: past experience, and current and future challenges," Occasional Paper Series 269, European Central Bank.

    Cited by:

    1. Dobrew, Michael & Gerke, Rafael & Giesen, Sebastian & Röttger, Joost, 2023. "Make-up strategies with incomplete markets and bounded rationality," Discussion Papers 01/2023, Deutsche Bundesbank.
    2. Martina Cecioni & Adriana Grasso & Alessandro Notarpietro & Massimiliano Pisani, 2021. "Revisiting monetary policy objectives and strategies: international experience and challenges from the ELB," Questioni di Economia e Finanza (Occasional Papers) 660, Bank of Italy, Economic Research and International Relations Area.
    3. Ignazio Visco, 2023. "Inflation Expectations and Monetary Policy in the Euro Area," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 51(2), pages 111-129, September.
    4. Corbisiero, Giuseppe & Lawton, Neil, 2021. "The ECB’s Review of its Monetary Policy Strategy," Quarterly Bulletin Articles, Central Bank of Ireland, pages 70-103, October.
    5. Gerdesmeier, Dieter & Reimers, Hans-Eggert & Roffia, Barbara, 2023. "Investigating the inflation-output-nexus for the euro area: Old questions and new results," Wismar Discussion Papers 01/2023, Hochschule Wismar, Wismar Business School.
    6. Hans-Eggert Reimers & Dieter Gerdesmeier & Barbara Roffia, 2023. "Investigating the Inflation–Output Nexus for the Euro Area: Old Questions and New Results," Economies, MDPI, vol. 11(11), pages 1-15, October.
    7. BENIGNO, Pierpaolo & CANOFARI, Paola & DI BARTOLOMEO, Giovanni & MESSORI, Marcello, 2023. "The ECB’s new inflation target from a short- and long-term perspective," Working Papers 2023006, University of Antwerp, Faculty of Business and Economics.
    8. Gerke, Rafael & Kienzler, Daniel & Scheer, Alexander, 2022. "On the macroeconomic effects of reinvestments in asset purchase programmes," Discussion Papers 47/2022, Deutsche Bundesbank.
    9. Stéphane Dupraz & Hervé Le Bihan & Julien Matheron, 2022. "Make-up Strategies with Finite Planning Horizons but Forward-Looking Asset Prices," Working Papers 2218, Banco de España.
    10. Brand, Claus & Obstbaum, Meri & Coenen, Günter & Sondermann, David & Lydon, Reamonn & Ajevskis, Viktors & Hammermann, Felix & Angino, Siria & Hernborg, Nils & Basso, Henrique & Hertweck, Matthias & Bi, 2021. "Employment and the conduct of monetary policy in the euro area," Occasional Paper Series 275, European Central Bank.
    11. Gerke, Rafael & Kienzler, Daniel & Scheer, Alexander, 2021. "Unconventional monetary policies at the effective lower bound," Technical Papers 03/2021, Deutsche Bundesbank.
    12. Dobrew, Michael & Gerke, Rafael & Kienzler, Daniel & Schwemmer, Alexander, 2023. "Monetary policy rules under bounded rationality," Discussion Papers 18/2023, Deutsche Bundesbank.
    13. Debrun, Xavier & Masuch, Klaus & Ferrero, Guiseppe & Vansteenkiste, Isabel & Ferdinandusse, Marien & von Thadden, Leopold & Hauptmeier, Sebastian & Alloza, Mario & Derouen, Chloé & Bańkowski, Krzyszto, 2021. "Monetary-fiscal policy interactions in the euro area," Occasional Paper Series 273, European Central Bank.
    14. Dobrew, Michael & Gerke, Rafael & Giesen, Sebastian & Röttger, Joost, 2021. "A comparison of monetary policy rules in a HANK model," Technical Papers 02/2021, Deutsche Bundesbank.
    15. Edouard Djeutem & Mario He & Abeer Reza & Yang Zhang, 2022. "Household Heterogeneity and the Performance of Monetary Policy Frameworks," Staff Working Papers 22-12, Bank of Canada.
    16. Lucian Briciu & Stefan Hohberger & Luca Onorante & Beatrice Pataracchia & Marco Ratto & Lukas Vogel, 2023. "The ECB Strategy Review - Implications for the Space of Monetary Policy," European Economy - Discussion Papers 193, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    17. Eleni Argiri & Ifigeneia Skotida, 2021. "The 2021 review of the monetary policy strategy of the Eurosystem: an economy of forces," Economic Bulletin, Bank of Greece, issue 54, pages 23-57, December.
    18. Gerke, Rafael & Giesen, Sebastian & Kienzler, Daniel & Röttger, Joost & Scheer, Alexander, 2021. "A comparison of monetary policy rules in an estimated TANK model," Technical Papers 05/2021, Deutsche Bundesbank.

  13. Christelis, Dimitris & Georgarakos, Dimitris & Pistaferri, Luigi & Van Rooij, Maarten, 2020. "Heterogeneous Wealth Effects," CEPR Discussion Papers 14453, C.E.P.R. Discussion Papers.
    • Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli & Luigi Pistaferri & Maarten van Rooij, 2020. "Heterogeneous Wealth Effects," Working Papers 2020_20, Business School - Economics, University of Glasgow.

    Cited by:

    1. Michele Cantarella & Andrea Neri & Maria Giovanna Ranalli, 2021. "Mind the wealth gap: a new allocation method to match micro and macro statistics for household wealth," Papers 2101.01085, arXiv.org, revised Jan 2021.
    2. Leung, Charles Ka Yui, 2022. "Housing and Macroeconomics," MPRA Paper 115500, University Library of Munich, Germany.
    3. Sala, Hector & Trivin, Pedro, 2024. "Household finances, debt overhang and consumption patterns," Economic Modelling, Elsevier, vol. 139(C).
    4. Victor Dragotă, 2022. "How Important is the Time Value of Money in Decision Making? Results of an Experiment," Prague Economic Papers, Prague University of Economics and Business, vol. 2022(3-4), pages 259-275.
    5. Choi, Kyoung Jin & Jeon, Junkee & Koo, Hyeng Keun, 2022. "Intertemporal preference with loss aversion: Consumption and risk-attitude," Journal of Economic Theory, Elsevier, vol. 200(C).

  14. Olivier Coibion & Dimitris Georgarakos & Yuriy Gorodnichenko & Michael Weber, 2020. "Forward Guidance and Household Expectations," Working Papers 2020-07, Becker Friedman Institute for Research In Economics.

    Cited by:

    1. D'Acunto, Francesco & Hoang, Daniel & Weber, Michael, 2021. "Managing households' expectations with unconventional policies," Working Paper Series in Economics 148, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
    2. Lena Dräger & Michael J. Lamla & Damjan Pfajfar & Michael Lamla, 2023. "How to Limit the Spillover from an Inflation Surge to Inflation Expectations?," CESifo Working Paper Series 10330, CESifo.
    3. Christopher Roth & Sonja Settele & Johannes Wohlfahrt, 2022. "Risk Exposure and Acquisition of Macroeconomic Information," ECONtribute Discussion Papers Series 177, University of Bonn and University of Cologne, Germany.
    4. Cars Hommes & Julien Pinter & Isabelle Salle, 2023. "What People Believe about Monetary Finance and What We Can(‘t) Do about It: Evidence from a Large-Scale, Multi-Country Survey Experiment," CESifo Working Paper Series 10574, CESifo.
    5. Lian, Chen, 2022. "Comments on “Fiscal and monetary stabilization policy at the zero lower bound: Consequences of limited foresight” by Woodford and Xie," Journal of Monetary Economics, Elsevier, vol. 125(C), pages 36-39.
    6. Olivier Coibion & Yuriy Gorodnichenko & Michael Weber & Michael Weber, 2021. "Fiscal Policy and Households' Inflation Expectations: Evidence from a Randomized Control Trial," CESifo Working Paper Series 8905, CESifo.
    7. Heiner Mikosch & Christopher Roth & Samad Sarferaz & Johannes Wohlfart, 2021. "Uncertainty and Information Acquisition: Evidence from Firms and Households," ECONtribute Discussion Papers Series 129, University of Bonn and University of Cologne, Germany.
    8. Nakata, Taisuke & Schmidt, Sebastian & Budianto, Flora, 2020. "Average inflation targeting and the interest rate lower bound," Working Paper Series 2394, European Central Bank.
    9. Ingar K. Haaland & Christopher Roth & Johannes Wohlfart, 2020. "Designing Information Provision Experiments," CESifo Working Paper Series 8406, CESifo.
    10. Francesco D'Acunto & Ulrike M. Malmendier & Michael Weber & Michael Weber, 2020. "Gender Roles and the Gender Expectations Gap," CESifo Working Paper Series 8158, CESifo.
    11. Sheen, Jeffrey & Wang, Ben Zhe, 2023. "Do monetary condition news at the zero lower bound influence households’ expectations and readiness to spend?," European Economic Review, Elsevier, vol. 152(C).
    12. Link, Sebastian & Peichl, Andreas & Roth, Christopher & Wohlfart, Johannes, 2021. "Information Frictions among Firms and Households," CAGE Online Working Paper Series 556, Competitive Advantage in the Global Economy (CAGE).
    13. Michael Weber & Yuriy Gorodnichenko & Olivier Coibion, 2022. "The Expected, Perceived, and Realized Inflation of U.S. Households before and during the COVID19 Pandemic," NBER Working Papers 29640, National Bureau of Economic Research, Inc.
    14. Coibion, Olivier & Gorodnichenko, Yuriy & Weber, Michael, 2022. "Does Policy Communication during COVID Work?," Department of Economics, Working Paper Series qt5wh5w14k, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    15. Bems, Rudolfs & Caselli, Francesca & Grigoli, Francesco & Gruss, Bertrand, 2021. "Expectations' anchoring and inflation persistence," Journal of International Economics, Elsevier, vol. 132(C).
    16. David Staines, 2023. "Stochastic Equilibrium the Lucas Critique and Keynesian Economics," Papers 2312.16214, arXiv.org, revised Jun 2024.
    17. Fatemeh Mokhtarzadeh & Luba Petersen, 2021. "Coordinating expectations through central bank projections," Experimental Economics, Springer;Economic Science Association, vol. 24(3), pages 883-918, September.
    18. Rüdiger Weber & Annika Weber & Christine Laudenbach & Johannes Wohlfart, 2021. "Beliefs About the Stock Market and Investment Choices: Evidence from a Field Experiment," CEBI working paper series 21-17, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
    19. Kopiec, Paweł, 2024. "Monetary-Fiscal Forward Guidance," MPRA Paper 120563, University Library of Munich, Germany.
    20. Coibion, Olivier & Gorodnichenko, Yuriy & Weber, Michael, 2020. "Does Policy Communication during COVID-19 Work?," IZA Discussion Papers 13355, Institute of Labor Economics (IZA).
    21. Michael Weber & Francesco D’Acunto & Yuriy Gorodnichenko & Olivier Coibion, 2022. "The Subjective Inflation Expectations of Households and Firms: Measurement, Determinants, and Implications," NBER Working Papers 30046, National Bureau of Economic Research, Inc.
    22. Michael Woodford & Yinxi Xie, 2020. "Fiscal and Monetary Stabilization Policy at the Zero Lower Bound: Consequences of Limited Foresight," NBER Working Papers 27521, National Bureau of Economic Research, Inc.
    23. Lena Dräger & Michael J. Lamla, 2024. "Consumers' macroeconomic expectations," Journal of Economic Surveys, Wiley Blackwell, vol. 38(2), pages 427-451, April.
    24. Beutel, Johannes & Metiu, Norbert & Stockerl, Valentin, 2021. "Toothless tiger with claws? Financial stability communication, expectations, and risk-taking," Discussion Papers 05/2021, Deutsche Bundesbank.
    25. Ahn, Hie Joo & Xie, Shihan & Yang, Choongryul, 2024. "Effects of monetary policy on household expectations: The role of homeownership," Journal of Monetary Economics, Elsevier, vol. 147(C).
    26. Ehrmann, Michael & Wabitsch, Alena, 2022. "Central bank communication with non-experts – A road to nowhere?," Journal of Monetary Economics, Elsevier, vol. 127(C), pages 69-85.
    27. Tobin Hanspal & Annika Weber & Johannes Wohlfart, 2020. "Exposure to the Covid-19 Stock Market Crash and its Effect on Household Expectations," CESifo Working Paper Series 8244, CESifo.
    28. Christian Conrad & Zeno Enders & Alexander Glas, 2020. "The Role of Information and Experience for Households' Inflation Expectations," CESifo Working Paper Series 8528, CESifo.
    29. An, Zidong & Binder, Carola & Sheng, Xuguang Simon, 2023. "Gas price expectations of Chinese households," Energy Economics, Elsevier, vol. 120(C).
    30. Lena Dräger, 2023. "Central Bank Communication with the General Public," CESifo Working Paper Series 10713, CESifo.
    31. Lena Dräger & Giang Nghiem, 2023. "Inflation Literacy, Inflation Expectations, and Trust in the Central Bank: A Survey Experiment," CESifo Working Paper Series 10539, CESifo.
    32. Agarwal, Sumit & Chua, Yeow Hwee & Song, Changcheng, 2022. "Inflation expectations of households and the upgrading channel," Journal of Monetary Economics, Elsevier, vol. 128(C), pages 124-138.
    33. Christine Laudenbach & Annika Weber & Rüdiger Weber & Johannes Wohlfart, 2021. "Beliefs about the Stock Market and Investment Choices: Evidence from a Survey and a Field Experiment," CESifo Working Paper Series 9427, CESifo.
    34. D'Acunto, Francesco & Hoang, Daniel & Paloviita, Maritta & Weber, Michael, 2021. "Effective policy communication: Targets versus instruments," Working Paper Series in Economics 147, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
    35. Brubakk, Leif & ter Ellen, Saskia & Robstad, Ørjan & Xu, Hong, 2019. "The macroeconomic effects of forward communication," Working Paper 2019/20, Norges Bank.
    36. D'Acunto, Francesco & Malmendier, Ulrike M. & Weber, Michael, 2022. "What Do the Data Tell Us About Inflation Expectations?," CEPR Discussion Papers 17094, C.E.P.R. Discussion Papers.
    37. Dräger, Lena & Lamla, Michael J. & Pfajfar, Damjan, 2022. "How to Limit the Spillover from the 2021 Inflation Surge to Inflation Expectations?," VfS Annual Conference 2022 (Basel): Big Data in Economics 264090, Verein für Socialpolitik / German Economic Association.
    38. Bottone, Marco & Tagliabracci, Alex & Zevi, Giordano, 2022. "Inflation expectations and the ECB’s perceived inflation objective: Novel evidence from firm-level data," Journal of Monetary Economics, Elsevier, vol. 129(S), pages 15-34.
    39. D’Acunto, Francesco & Rossi, Alberto G. & Weber, Michael, 2024. "Crowdsourcing peer information to change spending behavior," Journal of Financial Economics, Elsevier, vol. 157(C).
    40. Marco Bottone & Alex Tagliabracci & Giordano Zevi, 2021. "Inflation expectations and the ECB’s perceived inflation objective: novel evidence from firm-level data," Questioni di Economia e Finanza (Occasional Papers) 621, Bank of Italy, Economic Research and International Relations Area.
    41. Conces Binder, Carola & Campbell, Jeffrey & Ryngaert, Jane, 2022. "Consumer Inflation Expectations: Daily Dynamics," MPRA Paper 117628, University Library of Munich, Germany.
    42. Stéphane Dupraz & Hervé Le Bihan & Julien Matheron, 2022. "Make-up Strategies with Finite Planning Horizons but Forward-Looking Asset Prices," Working Papers 2218, Banco de España.
    43. Senhu Wang & Hao Dong, 2024. "Flexible Working Arrangements and Fertility Intentions: A Survey Experiment in Singapore," European Journal of Population, Springer;European Association for Population Studies, vol. 40(1), pages 1-26, December.
    44. McNeil, James, 2023. "Monetary policy and the term structure of inflation expectations with information frictions," Journal of Economic Dynamics and Control, Elsevier, vol. 146(C).
    45. Nghiem, Giang & Dräger, Lena & Dalloul, Ami, 2024. "Anchoring Households' Inflation Expectations when Inflation is High," Hannover Economic Papers (HEP) dp-719, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    46. Tobin Hanspal & Annika Weber & Johannes Wohlfart, 2020. "Exposure to the COVID-19 Stock Market Crash and its Effect on Household Expectations," CEBI working paper series 20-13, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
    47. Hackethal, Andreas & Hanspal, Tobin & Hartzmark, Samuel M. & Bräuer, Konstantin, 2024. "Educating investors about dividends," SAFE Working Paper Series 420, Leibniz Institute for Financial Research SAFE.
    48. Bernardo Candia & Olivier Coibion & Yuriy Gorodnichenko, 2020. "Communication and the Beliefs of Economic Agents," NBER Working Papers 27800, National Bureau of Economic Research, Inc.
    49. Damjan Pfajfar & Fabian Winkler, 2024. "Households' Preferences Over Inflation and Monetary Policy Tradeoffs," Finance and Economics Discussion Series 2024-036, Board of Governors of the Federal Reserve System (U.S.).
    50. Dräger, Lena & Floto, Maximilian & Schröder, Marina, 2024. "Inflation Expectations and Economic Preferences," Hannover Economic Papers (HEP) dp-726, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    51. Ambrocio, Gene & Juselius, Mikael, 2020. "Dealing with the costs of the COVID-19 pandemic – what are the fiscal options?," BoF Economics Review 2/2020, Bank of Finland.
    52. Hanspal, Tobin & Weber, Annika & Wohlfart, Johannes, 2020. "Exposure to the COVID-19 stock market crash and its effect on household expectations," SAFE Working Paper Series 279, Leibniz Institute for Financial Research SAFE.
    53. Dupraz, Stéphane & Le Bihan, Hervé & Matheron, Julien, 2024. "Make-up strategies with finite planning horizons but infinitely forward-looking asset prices," Journal of Monetary Economics, Elsevier, vol. 143(C).
    54. Hackethal, Andreas & Hanspal, Tobin & Hartzmark, Samuel M. & Bräuer, Konstantin, 2024. "Educating investors about dividends," CFS Working Paper Series 725, Center for Financial Studies (CFS).
    55. Tao Wang, 2023. "Perceived versus Calibrated Income Risks in Heterogeneous-Agent Consumption Models," Staff Working Papers 23-59, Bank of Canada.
    56. Ferrando, Annalisa & Popov, Alexander & Udell, Gregory F., 2021. "Unconventional monetary policy, funding expectations, and firm decisions," Working Paper Series 2598, European Central Bank.
    57. McCloud, Nadine, 2024. "What has inflation targeting done for household consumption?," International Review of Financial Analysis, Elsevier, vol. 95(PC).
    58. Niizeki, Takeshi, 2023. "Trust in the central bank and inflation expectations: Experimental evidence," Economics Letters, Elsevier, vol. 231(C).
    59. Emilian DOBRESCU, 2020. "Self-fulfillment degree of economic expectations within an integrated space: The European Union case study," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 5-32, December.
    60. Lena Dräger & Michael J. Lamla & Damjan Pfajfar, 2022. "How to Limit the Spillover from the 2021 Inflation Surge to Inflation Expectations?," Working Paper Series in Economics 407, University of Lüneburg, Institute of Economics.
    61. Michael J. Lamla & Damjan Pfajfar & Lea Rendell, 2024. "Inflation and Deflationary Biases in the Distribution of Inflation Expectations: Theory and Empirical Evidence from Nine Countries," Working Papers 24-26, Federal Reserve Bank of Cleveland.
    62. Christine Laudenbach & Annika Weber & Johannes Wohlfart, 2021. "Beliefs About the Stock Market and Investment Choices: Evidence from a Field Experiment," ECONtribute Discussion Papers Series 128, University of Bonn and University of Cologne, Germany.
    63. Antonio Gargano & Alberto G. Rossi, 2024. "Goal Setting and Saving in the FinTech Era," Journal of Finance, American Finance Association, vol. 79(3), pages 1931-1976, June.

  15. Ehrmann, Michael & Christelis, Dimitris & Georgarakos, Dimitris, 2020. "Exploring Differences in Household Debt Across the United States and Euro Area Countries," CEPR Discussion Papers 15368, C.E.P.R. Discussion Papers.

    Cited by:

    1. Bertrand Garbinti & Pierre Lamarche & Fredérique Savignac, 2024. "Wealth Heterogeneity and the Marginal Propensity to Consume out of Wealth," Working Papers 2022-02, Center for Research in Economics and Statistics.
    2. Benyan Tan & Yingzhu Guo & Yan Wu, 2024. "The influence and mechanism of female-headed households on household debt risk: empirical evidence from China," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-15, December.
    3. Steffen Ahrens & Ciril Bosch-Rosa & Thomas Meissner, 2022. "Intertemporal Consumption and Debt Aversion: A Replication and Extension," Papers 2201.06006, arXiv.org, revised Jun 2022.
    4. Timo Mitze, 2019. "The migration response to local labour market shocks: Evidence from EU regions during the global economic crisis," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 81(2), pages 271-298, April.
    5. Carlos Madeira, 2022. "The double impact of deep social unrest and a pandemic: Evidence from Chile," Working Papers Central Bank of Chile 952, Central Bank of Chile.
    6. Georgarakos, Dimitris & Popov, Alexander, 2023. "I (Don't) Owe You: Sovereign Default and Borrowing Behavior," CEPR Discussion Papers 18300, C.E.P.R. Discussion Papers.
    7. Madeira, Carlos, 2019. "The impact of interest rate ceilings on households’ credit access: Evidence from a 2013 Chilean legislation," Journal of Banking & Finance, Elsevier, vol. 106(C), pages 166-179.
    8. Dal Borgo Mariela, 2021. "Do Bankruptcy Protection Levels Affect Households' Demand for Stocks?," Working Papers 2021-03, Banco de México.
    9. Ammann, Manuel & Cochardt, Alexander Elmar & Straumann, Simon & Weigert, Florian, 2022. "Back to the roots: Ancestral origin and mutual fund manager portfolio choice," CFR Working Papers 22-04, University of Cologne, Centre for Financial Research (CFR).
    10. Fleck, Johannes & Monninger, Adrian, 2020. "Culture and portfolios: trust, precautionary savings and home ownership," Working Paper Series 2457, European Central Bank.

  16. Jappelli, Tullio & Christelis, Dimitris & Georgarakos, Dimitris & Kenny, Geoff, 2020. "The Covid-19 Crisis and Consumption: Survey Evidence from Six EU Countries," CEPR Discussion Papers 15525, C.E.P.R. Discussion Papers.

    Cited by:

    1. Victoria Baudisch & Matthias Neuenkirch, 2023. "Costly, but (Relatively) Ineffective? An Assessment of Germany’s Temporary VAT Rate Reduction during the Covid-19 Pandemic," CESifo Working Paper Series 10417, CESifo.
    2. Giovanni Immordino & Tullio Jappelli & Tommaso Oliviero & Alberto Zazzaro, 2021. "Fear of COVID-19 Contagion and Consumption: Evidence from a Survey of Italian Households," CSEF Working Papers 601, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    3. Georgarakos, Dimitris & Kenny, Geoff, 2022. "Household spending and fiscal support during the COVID-19 pandemic: insights from a new consumer survey," Working Paper Series 2643, European Central Bank.
    4. Andrej Cupak & Martin Cesnak & Jan Klacso & Martin Suster, 2021. "Fates of indebted households during the Corona crisis: Survey results from Slovakia," Working and Discussion Papers OP 2/2021, Research Department, National Bank of Slovakia.
    5. Dzung Bui & Lena Dräger & Bernd Hayo & Giang Nghiem, 2021. "Consumer Sentiment during the Covid-19 Pandemic: The Role of Others' Beliefs," CESifo Working Paper Series 9010, CESifo.
    6. Bui, Dzung & Dräger, Lena & Hayo, Bernd & Nghiem, Giang, 2021. "The Effects of Fiscal Policy on Households during the COVID-19 Pandemic: Evidence from Emerging Economies," Hannover Economic Papers (HEP) dp-685, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    7. Giuseppe Rose & Desiré De Luca, 2024. "Health Concerns And Consumption Expectations During Covid-19: Evidence From A Fuzzy Regression Discontinuity Design," Working Papers 202401, Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania" - DESF.
    8. Bui, Dzung & Dräger, Lena & Hayo, Bernd & Nghiem, Giang, 2021. "The Effects of Fiscal Policy on Households during the COVID-19 Pandemic," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242464, Verein für Socialpolitik / German Economic Association.
    9. Bui, Dzung & Dräger, Lena & Hayo, Bernd & Nghiem, Giang, 2022. "The effects of fiscal policy on households during the COVID-19 pandemic: Evidence from Thailand and Vietnam," World Development, Elsevier, vol. 153(C).
    10. Alexander M. Dietrich & Keith Kuester & Gernot J. Müller & Raphael S. Schoenle, 2020. "News and uncertainty about COVID-19: Survey evidence and short-run economic impact," ECONtribute Policy Brief Series 004, University of Bonn and University of Cologne, Germany.
    11. Ewa Stanisławska & Maritta Paloviita, 2021. "Medium- vs. short-term consumer inflation expectations: evidence from a new euro area survey," NBP Working Papers 338, Narodowy Bank Polski.
    12. Albuquerque, Bruno & Green, Georgina, 2022. "Financial concerns and the marginal propensity to consume in Covid times: evidence from UK survey data," Bank of England working papers 965, Bank of England.
    13. Dzung Bui & Lena Draeger & Bernd Hayo & Giang Nghiem, 2022. "The Marginal Propensity to Consume During the COVID-19 Pandemic: Evidence from Thailand and Vietnam," MAGKS Papers on Economics 202207, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    14. Dräger, Lena & Bui, Dzung & Nghiem, Giang & Hayo, Bernd, 2021. "Consumer Sentiment During the COVID-19 Pandemic," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242375, Verein für Socialpolitik / German Economic Association.
    15. Thomas Crossley & Paul Fisher & Peter Levell & Hamish Low, 2021. "MPCs in an economic crisis: spending, saving and private transfers," IFS Working Papers W21/26, Institute for Fiscal Studies.
    16. Agénor, Pierre-Richard & Jackson, Timothy & Jia, Pengfei, 2021. "Macroprudential policy coordination in a currency union," European Economic Review, Elsevier, vol. 137(C).
    17. Elisa Guglielminetti & Concetta Rondinelli, 2021. "Consumption and saving patterns in Italy during Covid-19," Questioni di Economia e Finanza (Occasional Papers) 620, Bank of Italy, Economic Research and International Relations Area.
    18. Bonaccorsi, Giovanni & Scotti, Francesco & Pierri, Francesco & Flori, Andrea & Pammolli, Fabio, 2024. "Targeted policies and household consumption dynamics: Evidence from high-frequency transaction data," Journal of Economic Behavior & Organization, Elsevier, vol. 224(C), pages 111-134.
    19. Marlena Piekut & Kamil Piekut, 2022. "Changes in Patterns of Consumer Spending in European Households," Sustainability, MDPI, vol. 14(19), pages 1-25, October.
    20. Albuquerque, Bruno & Varadi, Alexandra, 2022. "Consumption effects of mortgage payment," Bank of England working papers 963, Bank of England.
    21. Enzo Cerletti & Magdalena Cortina & Alejandra Inzunza & Felipe Martínez & Patricio Toro, 2024. "The finances of Chilean households during the pandemic: an assessment from the 2021 Household Financial Survey," Working Papers Central Bank of Chile 1008, Central Bank of Chile.
    22. Montserrat Guillen & Miguel Santolino & Xenxo Vidal-Llana, 2022. ""Inequality of subjective economic uncertainty and individual economic prospects in the pandemic period"," IREA Working Papers 202202, University of Barcelona, Research Institute of Applied Economics, revised Feb 2022.
    23. Pinkovetskaia Iuliia, 2022. "Impact of Covid-19 pandemic on household income: results of a survey of the economically active population," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 32(1), pages 43-57, March.
    24. Melanie Koch & Thomas Scheiber, 2022. "Mitigating the impact of the pandemic on personal finances in CESEE: descriptive evidence for 2020," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue Q2/22, pages 63-96.
    25. Xu, Can, 2023. "Do households react to policy uncertainty by increasing savings?," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 770-785.
    26. Kodama, Wataru & Morgan, Peter & Azhgaliyeva, Dina & Trinh, Long & Kim, Kunhyui, 2024. "Family business during the COVID-19 pandemic in Asia: Role of government financial aid and coping strategies," World Development, Elsevier, vol. 182(C).
    27. Bańnkowska, Katarzyna & Borlescu, Ana Maria & Charalambakis, Evangelos & Da Silva, António Dias & Di Laurea, Davide & Dossche, Maarten & Georgarakos, Dimitris & Honkkila, Juha & Kennedy, Neale & Kenny, 2021. "ECB Consumer Expectations Survey: an overview and first evaluation," Occasional Paper Series 287, European Central Bank.
    28. Barbara Gawior & Michal Polasik & Josep Lluís del Olmo, 2022. "Credit Card Use, Hedonic Motivations, and Impulse Buying Behavior in Fast Fashion Physical Stores during COVID-19: The Sustainability Paradox," Sustainability, MDPI, vol. 14(7), pages 1-16, March.
    29. Emmanuel C. Mamatzakis & Steven Ongena & Mike G. Tsionas, 2023. "The response of household debt to COVID-19 using a neural networks VAR in OECD," Empirical Economics, Springer, vol. 65(1), pages 65-91, July.
    30. Bui, Dzung & Dräger, Lena & Hayo, Bernd & Nghiem, Giang, 2023. "Macroeconomic expectations and consumer sentiment during the COVID-19 pandemic: The role of others’ beliefs," European Journal of Political Economy, Elsevier, vol. 77(C).
    31. Claude Bismut & Ismaël Ramajo, 2021. "Nominal and real interest rates in OECD countries, changes in sight after covid-19?," International Economics and Economic Policy, Springer, vol. 18(3), pages 493-516, July.

  17. Coibion, Olivier & Georgarakos, Dimitris & Gorodnichenko, Yuriy & van Rooij, Maarten, 2019. "How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial," Department of Economics, Working Paper Series qt30478554, Department of Economics, Institute for Business and Economic Research, UC Berkeley.

    Cited by:

    1. Janet Hua Jiang & Rupal Kamdar & Kelin Lu & Daniela Puzzello, 2024. "How Do Households Respond to Expected Inflation? An Investigation of Transmission Mechanisms," CAEPR Working Papers 2024-004 Classification-D, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    2. Lena Dräger & Michael J. Lamla & Damjan Pfajfar & Michael Lamla, 2023. "How to Limit the Spillover from an Inflation Surge to Inflation Expectations?," CESifo Working Paper Series 10330, CESifo.
    3. Patrick Dylong & Silke Uebelmesser, 2022. "Biased Beliefs about Immigration and Economic Concerns: Evidence from Representative Experiments," CESifo Working Paper Series 9918, CESifo.
    4. Sören Harrs & Lara Marie Müller & Bettina Rockenbach, 2021. "How Optimistic and Pessimistic Narratives about COVID-19 Impact Economic Behavior," ECONtribute Discussion Papers Series 091, University of Bonn and University of Cologne, Germany.
    5. Cars Hommes & Julien Pinter & Isabelle Salle, 2023. "What People Believe about Monetary Finance and What We Can(‘t) Do about It: Evidence from a Large-Scale, Multi-Country Survey Experiment," CESifo Working Paper Series 10574, CESifo.
    6. Goldfayn-Frank, Olga & Kieren, Pascal & Trautmann, Stefan, 2024. "A Choice-Based Approach to the Measurement of Inflation Expectations," Working Papers 0742, University of Heidelberg, Department of Economics.
    7. Ingar K. Haaland & Christopher Roth & Johannes Wohlfart, 2020. "Designing Information Provision Experiments," CESifo Working Paper Series 8406, CESifo.
    8. Coibion, Olivier & Georgarakos, Dimitris & Gorodnichenko, Yuriy & Weber, Michael, 2022. "Forward Guidance and Household Expectations," Department of Economics, Working Paper Series qt71g5h892, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    9. Coibion, Olivier & Gorodnichenko, Yuriy & Weber, Michael, 2020. "The Cost of the COVID-19 Crisis: Lockdowns, Macroeconomic Expectations, and Consumer Spending," Department of Economics, Working Paper Series qt69b8w79w, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    10. Georgarakos, Dimitris & Kenny, Geoff, 2022. "Household spending and fiscal support during the COVID-19 pandemic: insights from a new consumer survey," Working Paper Series 2643, European Central Bank.
    11. Buchheim, Lukas & Dovern, Jonas & Krolage, Carla & Link, Sebastian, 2022. "Sentiment and firm behavior during the COVID-19 pandemic," Journal of Economic Behavior & Organization, Elsevier, vol. 195(C), pages 186-198.
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    15. Yuriy Gorodnichenko & Xiao Yin, 2024. "Higher-Order Beliefs and Risky Asset Holdings," NBER Working Papers 32680, National Bureau of Economic Research, Inc.
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    19. Coibion, Olivier & Georgarakos, Dimitris & Gorodnichenko, Yuriy & Kenny, Geoff & Weber, Michael, 2021. "The effect of macroeconomic uncertainty on household spending," Working Paper Series 2557, European Central Bank.
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    47. Kumar, Saten & Gorodnichenko, Yuriy & Coibion, Olivier, 2022. "The Effect of Macroeconomic Uncertainty on Firm Decisions," IZA Discussion Papers 15449, Institute of Labor Economics (IZA).
    48. Damiano Sandri & Francesco Grigoli & Yuriy Gorodnichenko & Olivier Coibion, 2023. "Keep calm and bank on: panic-driven bank runs and the role of public communication," BIS Working Papers 1119, Bank for International Settlements.
    49. Alfonso Rosolia, 2021. "Does information about current inflation affect expectations and decisions? Another look at Italian firms," Temi di discussione (Economic working papers) 1353, Bank of Italy, Economic Research and International Relations Area.
    50. Pascal Büsing & Henning Cordes & Thomas Langer, 2023. "How the provision of inflation information affects pension contributions: A field experiment," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 90(3), pages 633-666, September.
    51. Andreas Dibiasi & Heiner Mikosch & Samad Sarferaz, 2021. "Uncertainty Shocks, Adjustment Costs and Firm Beliefs: Evidence From a Representative Survey," KOF Working papers 21-496, KOF Swiss Economic Institute, ETH Zurich.
    52. Michael Weber & Bernardo Candia & Hassan Afrouzi & Tiziano Ropele & Rodrigo Lluberas & Serafin Frache & Brent Meyer & Saten Kumar & Yuriy Gorodnichenko & Dimitris Georgarakos & Olivier Coibion & Geoff, 2025. "Tell Me Something I Don't Already Know: Learning in Low‐ and High‐Inflation Settings," Econometrica, Econometric Society, vol. 93(1), pages 229-264, January.
    53. Olivier Armantier & Gizem Koşar & Rachel Pomerantz & Daphne Skandalis & Kyle Smith & Giorgio Topa & Wilbert Van der Klaauw, 2020. "How Economic Crises Affect Inflation Beliefs: Evidence from the COVID-19 Pandemic," Staff Reports 949, Federal Reserve Bank of New York.
    54. D'Acunto, Francesco & Malmendier, Ulrike M. & Weber, Michael, 2022. "What Do the Data Tell Us About Inflation Expectations?," CEPR Discussion Papers 17094, C.E.P.R. Discussion Papers.
    55. Cato, Misina & Schmidt, Tobias, 2023. "Households' expectations and regional COVID-19 dynamics," Discussion Papers 02/2023, Deutsche Bundesbank.
    56. Keyang Li & Yu Qin & Jing Wu & Jubo Yan, 2023. "Perceived economic prospects during the early stage of COVID‐19 breakout," Contemporary Economic Policy, Western Economic Association International, vol. 41(4), pages 696-713, October.
    57. Frohnweiler, Sarah & Beber, Bernd & Ebert, Cara, 2023. "Delayed effects on migration intentions in an information provision experiment in Ghana," Ruhr Economic Papers 1050, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    58. Carola Conces Binder & Gillian Brunet, 2022. "Inflation expectations and consumption: Evidence from 1951," Economic Inquiry, Western Economic Association International, vol. 60(2), pages 954-974, April.
    59. Dräger, Lena & Bui, Dzung & Nghiem, Giang & Hayo, Bernd, 2021. "Consumer Sentiment During the COVID-19 Pandemic," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242375, Verein für Socialpolitik / German Economic Association.
    60. Reynaud, Arnaud & Ouvrard, Benjamin, 2024. "Re-calibrating beliefs about peers: Direct impacts and cross-learning effects in agriculture," TSE Working Papers 24-1517, Toulouse School of Economics (TSE).
    61. Kerim Peren Arin & Juan A. Lacomba & Francisco Lagos & Ana I. Moro-Egido & Marcel Thum, 2021. "Socio-Economic Attitudes in the Era of Social Distancing and Lockdowns," CESifo Working Paper Series 8845, CESifo.
    62. Kozo UEDA, 2024. "Inflation Expectations and Spending: Evidence from an Experiment and Bank Transaction Data in Japan," CIGS Working Paper Series 24-021E, The Canon Institute for Global Studies.
    63. Concetta Rondinelli & Roberta Zizza, 2020. "Spend today or spend tomorrow? The role of inflation expectations in consumer behaviour," Temi di discussione (Economic working papers) 1276, Bank of Italy, Economic Research and International Relations Area.
    64. Cecion, Martina & Coenen, Günter & Gerke, Rafael & Le Bihan, Hervé & Motto, Roberto & Aguilar, Pablo & Ajevskis, Viktors & Giesen, Sebastian & Albertazzi, Ugo & Gilbert, Niels & Al-Haschimi, Alexander, 2021. "The ECB’s price stability framework: past experience, and current and future challenges," Occasional Paper Series 269, European Central Bank.
    65. Nghiem, Giang & Dräger, Lena & Dalloul, Ami, 2024. "Anchoring Households' Inflation Expectations when Inflation is High," Hannover Economic Papers (HEP) dp-719, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    66. Tobin Hanspal & Annika Weber & Johannes Wohlfart, 2020. "Exposure to the COVID-19 Stock Market Crash and its Effect on Household Expectations," CEBI working paper series 20-13, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
    67. Roberto Tamborini, 2024. "Inflation surprises in a New Keynesian economy with a “true” consumption function," Economic Inquiry, Western Economic Association International, vol. 62(3), pages 1192-1215, July.
    68. Sara Cecchetti & Davide Fantino & Alessandro Notarpietro & Marianna Riggi & Alex Tagliabracci & Andrea Tiseno & Roberta Zizza, 2021. "Inflation expectations in the euro area: indicators, analyses and models used at Banca d’Italia," Questioni di Economia e Finanza (Occasional Papers) 612, Bank of Italy, Economic Research and International Relations Area.
    69. Duca-Radu, Ioana & Kenny, Geoff & Reuter, Andreas, 2021. "Inflation expectations, consumption and the lower bound: Micro evidence from a large multi-country survey," Journal of Monetary Economics, Elsevier, vol. 118(C), pages 120-134.
    70. Sarah Kiesl-Reiter & Melanie Lührmann & Jonathan Shaw & Joachim Winter, 2024. "The Formation of Subjective House Price Expectations," Rationality and Competition Discussion Paper Series 491, CRC TRR 190 Rationality and Competition.
    71. Dimitris Georgarakos & Yuriy Gorodnichenko & Olivier Coibion & Geoff Kenny, 2024. "The Causal Effects of Inflation Uncertainty on Households' Beliefs and Actions," NBER Working Papers 33014, National Bureau of Economic Research, Inc.
    72. Bernardo Candia & Olivier Coibion & Yuriy Gorodnichenko, 2020. "Communication and the Beliefs of Economic Agents," NBER Working Papers 27800, National Bureau of Economic Research, Inc.
    73. Jeworrek, Sabrina & Tonzer, Lena, 2024. "Inflation concerns and green product consumption: Evidence from a nationwide survey and a framed field experiment," IWH Discussion Papers 10/2024, Halle Institute for Economic Research (IWH).
    74. Garbarino, Nicola & Möhrle, Sascha & Neumeier, Florian & von Schickfus, Marie-Theres, 2024. "Disaster Aid and Support for Mandatory Insurance: Evidence from a Survey Experiment," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302399, Verein für Socialpolitik / German Economic Association.
    75. Dräger, Lena & Floto, Maximilian & Schröder, Marina, 2024. "Inflation Expectations and Economic Preferences," Hannover Economic Papers (HEP) dp-726, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    76. Hanspal, Tobin & Weber, Annika & Wohlfart, Johannes, 2020. "Exposure to the COVID-19 stock market crash and its effect on household expectations," SAFE Working Paper Series 279, Leibniz Institute for Financial Research SAFE.
    77. Schmidt, Torsten & Barabas, György & Benner, Niklas & Dirks, Maximilian & Isaak, Niklas & Jessen, Robin & Schacht, Philip & Steuernagel, Anne, 2022. "Die wirtschaftliche Entwicklung im Inland: Gestiegene Energiepreise belasten die Erholung," RWI Konjunkturberichte, RWI - Leibniz-Institut für Wirtschaftsforschung, vol. 73(1), pages 39-78.
    78. Sarantis Tsiaplias, 2024. "Inflation as a 'bad', heuristics and aggregate shocks: New evidence on expectation formation," Melbourne Institute Working Paper Series wp2024n03, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
    79. Bańnkowska, Katarzyna & Borlescu, Ana Maria & Charalambakis, Evangelos & Da Silva, António Dias & Di Laurea, Davide & Dossche, Maarten & Georgarakos, Dimitris & Honkkila, Juha & Kennedy, Neale & Kenny, 2021. "ECB Consumer Expectations Survey: an overview and first evaluation," Occasional Paper Series 287, European Central Bank.
    80. McCloud, Nadine, 2024. "What has inflation targeting done for household consumption?," International Review of Financial Analysis, Elsevier, vol. 95(PC).
    81. Gabriele Galati & Richhild Moessner & Maarten van Rooij, 2021. "Anchoring of consumers’ long-term euro area inflation expectations during the pandemic," Working Papers 715, DNB.
    82. Schnorpfeil, Philip & Weber, Michael & Hackethal, Andreas, 2024. "Inflation and trading," CFS Working Paper Series 727, Center for Financial Studies (CFS).
    83. Niizeki, Takeshi, 2023. "Trust in the central bank and inflation expectations: Experimental evidence," Economics Letters, Elsevier, vol. 231(C).
    84. Buchheim, Lukas & Dovern, Jonas & Krolage, Carla & Link, Sebastian, 2020. "Firm-level Expectations and Behavior in Response to the COVID-19 Crisis," IZA Discussion Papers 13253, Institute of Labor Economics (IZA).
    85. Bernard, René & Tzamourani, Panagiota & Weber, Michael, 2020. "How are households’ consumption plans affected by the COVID-19 pandemic?," EconStor Research Reports 249772, ZBW - Leibniz Information Centre for Economics.

  18. Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli & Luigi Pistaferri & Maarten van Rooij, 2019. "Wealth Shocks and MPC Heterogeneity," NBER Working Papers 25999, National Bureau of Economic Research, Inc.

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    1. Slacalek, Jiri & Tristani, Oreste & Violante, Giovanni L., 2020. "Household balance sheet channels of monetary policy: A back of the envelope calculation for the euro area," Journal of Economic Dynamics and Control, Elsevier, vol. 115(C).
    2. Pavel Koval & Andrey Polbin, 2020. "Estimation of the consumption function of Russian households using RLMS microdata," Economics Bulletin, AccessEcon, vol. 40(3), pages 2254-2261.
    3. Tobin Hanspal & Annika Weber & Johannes Wohlfart, 2020. "Exposure to the COVID-19 Stock Market Crash and its Effect on Household Expectations," CEBI working paper series 20-13, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
    4. Radermacher, Jan W., 2023. "Mamma Mia! Revealing hidden heterogeneity by PCA-biplot: MPC puzzle for Italy's elderly poor," SAFE Working Paper Series 382, Leibniz Institute for Financial Research SAFE.
    5. Hanspal, Tobin & Weber, Annika & Wohlfart, Johannes, 2020. "Exposure to the COVID-19 stock market crash and its effect on household expectations," SAFE Working Paper Series 279, Leibniz Institute for Financial Research SAFE.

  19. Amzallag, Adrien & Calza, Alessandro & Georgarakos, Dimitris & Sousa, João, 2019. "Monetary policy transmission to mortgages in a negative interest rate environment," Working Paper Series 2243, European Central Bank.

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    1. Felici, Marco & Kenny, Geoff & Friz, Roberta, 2023. "Consumer savings behaviour at low and negative interest rates," European Economic Review, Elsevier, vol. 157(C).
    2. Mattia Girotti & Guillaume Horny & Jean-Guillaume Sahuc, 2022. "Lost in Negative Territory? Search for Yield!," EconomiX Working Papers 2022-10, University of Paris Nanterre, EconomiX.
    3. Aleksander Berentsen & Hugo van Buggenum & Romina Ruprecht, 2020. "On the negatives of negative interest rates and the positives of exemption thresholds," ECON - Working Papers 372, Department of Economics - University of Zurich.
    4. Anthony Brassil, 2022. "The Consequences of Low Interest Rates for the Australian Banking Sector," RBA Research Discussion Papers rdp2022-08, Reserve Bank of Australia.
    5. Roberto Savona, 2022. "Bank business models, negative policy rates, and prudential regulation," Annals of Finance, Springer, vol. 18(3), pages 355-392, September.
    6. Albertazzi, Ugo & Barbiero, Francesca & Marqués-Ibáñez, David & Popov, Alexander & Rodriguez d’Acri, Costanza & Vlassopoulos, Thomas, 2020. "Monetary policy and bank stability: the analytical toolbox reviewed," Working Paper Series 2377, European Central Bank.
    7. Grégory Levieuge & Jean-Guillaume Sahuc, 2021. "Downward Interest Rate Rigidity," Working papers 828, Banque de France.
    8. AAlessio Reghezza & Jonathan Williams & Alessio Bongiovanni & Riccardo Santamaria, 2019. "Do Negative Interest Rates Affect Bank Risk-Taking?," Working Papers 19012, Bangor Business School, Prifysgol Bangor University (Cymru / Wales).
    9. Marcel Barmeier, 2022. "The new normal: bank lending and negative interest rates in Austria (Marcel Barmeier)," Working Papers 242, Oesterreichische Nationalbank (Austrian Central Bank).
    10. Mauricio Ulate, 2021. "Alternative Models of Interest Rate Pass-Through in Normal and Negative Territory," International Journal of Central Banking, International Journal of Central Banking, vol. 17(1), pages 3-34, March.
    11. Joscha Beckmann & Klaus-Jürgen Gern & Nils Jannsen, 2022. "Should they stay or should they go? Negative interest rate policies under review," International Economics and Economic Policy, Springer, vol. 19(4), pages 885-912, October.
    12. Iwanicz-Drozdowska, Małgorzata & Rogowicz, Karol, 2022. "Does the choice of monetary policy tool matter for systemic risk? The curious case of negative interest rates," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 79(C).
    13. Jean-Guillaume Sahuc & Grégory Levieuge, 2020. "Monetary Policy Transmission with Downward Interest Rate Rigidity," EconomiX Working Papers 2020-6, University of Paris Nanterre, EconomiX.
    14. Kwan, Simon H. & Ulate, Mauricio & Voutilainen, Ville, 2023. "The transmission of negative nominal interest rates in Finland," Bank of Finland Research Discussion Papers 6/2023, Bank of Finland.
    15. Jose A. Lopez & Andrew K. Rose & Mark M. Spiegel, 2018. "Why Have Negative Nominal Interest Rates Had Such a Small Effect on Bank Performance? Cross Country Evidence," Working Paper Series 2018-7, Federal Reserve Bank of San Francisco.
    16. Sá, Ana Isabel & Jorge, José, 2019. "Does the deposits channel work under a low interest rate environment?," Economics Letters, Elsevier, vol. 185(C).
    17. policy, Work stream on macroprudential & Albertazzi, Ugo & Martin, Alberto & Assouan, Emmanuelle & Tristani, Oreste & Galati, Gabriele & Vlassopoulos, Thomas, 2021. "The role of financial stability considerations in monetary policy and the interaction with macroprudential policy in the euro area," Occasional Paper Series 272, European Central Bank.
    18. Romain Baeriswyl & Lucas Marc Fuhrer & Petra Gerlach & Jörn Tenhofen, 2021. "The dynamics of bank rates in a negative-rate environment - the Swiss case," Working Papers 2021-05, Swiss National Bank.
    19. Jorien Freriks & Jan Kakes, 2021. "Bank interest rate margins in a negative interest rate environment," Working Papers 721, DNB.

  20. Dimitris Georgarakos & Konstantinos Tatsiramos, 2019. "Monetary policy transmission to consumer financial stress and durable consumption," CESifo Working Paper Series 7671, CESifo.

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    1. Fergus Cumming & Paul Hubert, 2019. "The role of households' borrowing constraints in the transmission of monetary policy," SciencePo Working papers Main hal-03403257, HAL.
    2. Ampudia, Miguel & Georgarakos, Dimitris & Slacalek, Jiri & Tristani, Oreste & Vermeulen, Philip & Violante, Giovanni L., 2018. "Monetary policy and household inequality," Working Paper Series 2170, European Central Bank.
    3. Coibion, Olivier & Georgarakos, Dimitris & Gorodnichenko, Yuriy & Weber, Michael, 2022. "Forward Guidance and Household Expectations," Department of Economics, Working Paper Series qt71g5h892, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    4. Fergus Cumming & Paul Hubert, 2019. "The Role of Households' Borrowing Constraints in the Transmission of Monetary Policy This paper investigates how the transmission of monetary policy to the real economy depends on the distribution of ," Documents de Travail de l'OFCE 2019-20, Observatoire Francais des Conjonctures Economiques (OFCE).

  21. Christelis, Dimitris & Georgarakos, Dimitris & Van Rooij, Maarten, 2019. "Trust in the Central Bank and Inflation Expectations," CEPR Discussion Papers 14202, C.E.P.R. Discussion Papers.

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    1. Bernd Hayo & Florian Neumeier, 2018. "Households’ Inflation Perceptions and Expectations: Survey Evidence from New Zealand," ifo Working Paper Series 255, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    2. Pavlova, Lora, 2024. "Framing effects in consumer expectations surveys," ZEW Discussion Papers 24-036, ZEW - Leibniz Centre for European Economic Research.
    3. Alan S. Blinder & Michael Ehrmann & Jakob de Haan & David-Jan Jansen, 2024. "Central Bank Communication with the General Public: Promise or False Hope?," Journal of Economic Literature, American Economic Association, vol. 62(2), pages 425-457, June.
    4. D'Acunto, Francesco & Hoang, Daniel & Weber, Michael, 2021. "Managing households' expectations with unconventional policies," Working Paper Series in Economics 148, Karlsruhe Institute of Technology (KIT), Department of Economics and Management.
    5. Niţoi, Mihai & Pochea, Maria-Miruna, 2024. "Trust in the central bank, financial literacy, and personal beliefs," Journal of International Money and Finance, Elsevier, vol. 143(C).
    6. Goldfayn-Frank, Olga & Wohlfart, Johannes, 2018. "How do consumers adapt to a new environment in their economic forecasting? Evidence from the German reunification," IMFS Working Paper Series 129, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
    7. Siria Angino & Federico M Ferrara & Stefania Secola, 2022. "The cultural origins of institutional trust: The case of the European Central Bank," European Union Politics, , vol. 23(2), pages 212-235, June.
    8. Ehrmann, Michael, 2024. "Trust in central banks," Working Paper Series 3006, European Central Bank.
    9. Nils Brouwer & Jakob de Haan, 2021. "The impact of providing information about the ECB's instruments on inflation expectations and trust in the ECB. Experimental evidence," Working Papers 707, DNB.
    10. Weber, Michael & D'Acunto, Francesco & Fuster, Andreas, 2021. "Diverse Policy Committees Can Reach Underrepresented Groups," CEPR Discussion Papers 16563, C.E.P.R. Discussion Papers.
    11. M. Ayhan Kose & Hideaki Matsuoka & Ugo Panizza & Dana Vorisek, 2019. "Inflation Expectations: Review and Evidence," Koç University-TUSIAD Economic Research Forum Working Papers 1904, Koc University-TUSIAD Economic Research Forum.
    12. Christian P Pinshi, 2022. "Ciblage des prévisions d'inflation : Un nouveau cadre pour la politique monétaire ?," Working Papers hal-03548273, HAL.
    13. Helmut Stix, 2021. "Ownership and purchase intention of crypto-assets: survey results," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 48(1), pages 65-99, February.
    14. Ahnert, Toni & Assenmacher, Katrin & Hoffmann, Peter & Leonello, Agnese & Monnet, Cyril & Porcellacchia, Davide, 2022. "The economics of central bank digital currency," CEPR Discussion Papers 17617, C.E.P.R. Discussion Papers.
    15. Francesco D'Acunto & Daniel Hoang & Michael Weber & Michael Weber, 2019. "Managing Households' Expectations with Salient Economic Policies," CESifo Working Paper Series 7793, CESifo.
    16. Peter Backé & Elisabeth Beckmann, 2020. "What drives people’s expectations of euro adoption? – Evidence from the OeNB Euro Survey on selected CESEE countries," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue Q4/20, pages 57-79.
    17. Eickmeier, Sandra & Petersen, Luba, 2024. "Toward a holistic approach to central bank trust," Discussion Papers 27/2024, Deutsche Bundesbank.
    18. Lamla, Michael & PJaifar, Damian & Rendell, Lea, 2019. "Inflation and Deflationary Biases in Inflation Expectations," Essex Finance Centre Working Papers 24771, University of Essex, Essex Business School.
    19. Fernando Nascimento de Oliveira & Wagner Piazza Gaglianone, 2019. "Expectations Anchoring Indexes for Brazil using Kalman Filter: exploring signals of inflation anchoring in the long term," Working Papers Series 497, Central Bank of Brazil, Research Department.
    20. Huisman, Ronald & Van der Sar, Nico L. & Zwinkels, Remco C.J., 2021. "Volatility expectations and disagreement," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 379-393.
    21. Carola Binder, 2021. "Presidential antagonism and central bank credibility," Economics and Politics, Wiley Blackwell, vol. 33(2), pages 244-263, July.
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    41. Hoffmann, Mathias & Mönch, Emanuel & Pavlova, Lora & Schultefrankenfeld, Guido, 2023. "Forceful or persistent: Wow the ECB's new inflation target affects households' inflation expectations," Discussion Papers 27/2023, Deutsche Bundesbank.
    42. Carola Binder & Wesley Janson & Randal Verbrugge, 2023. "Out of Bounds: Do SPF Respondents Have Anchored Inflation Expectations?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 55(2-3), pages 559-576, March.
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    44. D'Acunto, Francesco & Malmendier, Ulrike M. & Weber, Michael, 2022. "What Do the Data Tell Us About Inflation Expectations?," CEPR Discussion Papers 17094, C.E.P.R. Discussion Papers.
    45. Bottone, Marco & Tagliabracci, Alex & Zevi, Giordano, 2022. "Inflation expectations and the ECB’s perceived inflation objective: Novel evidence from firm-level data," Journal of Monetary Economics, Elsevier, vol. 129(S), pages 15-34.
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    48. Carin van der Cruijsen & Jakob de Haan & Maarten van Rooij, 2023. "The impact of high inflation on trust in national politics and central banks," Working Papers 762, DNB.
    49. Francesco D'Acunto & Daniel Hoang & Maritta Paloviita & Michael Weber, 2019. "Human Frictions to the Transmission of Economic Policy," 2019 Meeting Papers 339, Society for Economic Dynamics.
    50. Mellina, Sathya & Schmidt, Tobias, 2018. "The role of central bank knowledge and trust for the public's inflation expectations," Discussion Papers 32/2018, Deutsche Bundesbank.
    51. Yusuke Takahashi & Yoichiro Tamanyu, 2022. "Households' Perceived Inflation and CPI Inflation: the Case of Japan," Bank of Japan Working Paper Series 22-E-1, Bank of Japan.
    52. Meinerding, Christoph & Poinelli, Andrea & Schüler, Yves, 2022. "Inflation expectations and climate concern," Discussion Papers 12/2022, Deutsche Bundesbank.
    53. Vadim Grishchenko & Diana Gasanova & Egor Fomin & Grigory Korenyak, 2023. "Visible prices and their influence on inflation expectations of Russian households," Bank of Russia Working Paper Series wps117, Bank of Russia.
    54. Cecion, Martina & Coenen, Günter & Gerke, Rafael & Le Bihan, Hervé & Motto, Roberto & Aguilar, Pablo & Ajevskis, Viktors & Giesen, Sebastian & Albertazzi, Ugo & Gilbert, Niels & Al-Haschimi, Alexander, 2021. "The ECB’s price stability framework: past experience, and current and future challenges," Occasional Paper Series 269, European Central Bank.
    55. Dumitriu, Ramona & Stefanescu, Răzvan, 2020. "Provocări pentru Finanţele Comportamentale în contextul COVID-19 [Some challenges for the Behavioral Finance in the Context of COVID-19]," MPRA Paper 99675, University Library of Munich, Germany, revised 16 Apr 2020.
    56. Aleksandra Gawel & Timo Toikko, 2021. "Trust in European Institutions in Explaining the Entrepreneurship in European Union Countries," Social Sciences, MDPI, vol. 10(6), pages 1-16, May.
    57. Nghiem, Giang & Dräger, Lena & Dalloul, Ami, 2024. "Anchoring Households' Inflation Expectations when Inflation is High," Hannover Economic Papers (HEP) dp-719, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    58. Angino, Siria & Secola, Stefania, 2022. "Instinctive versus reflective trust in the European Central Bank," Working Paper Series 2660, European Central Bank.
    59. In Do Hwang, 2018. "Central Bank Reputation and Inflation-Unemployment Performance: Empirical Evidence from an Executive Survey of 62 Countries," Working Papers 2018-14, Economic Research Institute, Bank of Korea.
    60. Popova, Olga & See, Sarah Grace & Nikolova, Milena & Otrachshenko, Vladimir, 2023. "The societal costs of inflation and unemployment," GLO Discussion Paper Series 1341, Global Labor Organization (GLO).
    61. Assenmacher, Katrin & Glöckler, Gabriel & Holton, Sarah & Trautmann, Peter & Ioannou, Demosthenes & Mee, Simon & Alonso, Conception & Argiri, Eleni & Arigoni, Filippo & Bakk-Simon, Klára & Bergbauer, , 2021. "Clear, consistent and engaging: ECB monetary policy communication in a changing world," Occasional Paper Series 274, European Central Bank.
    62. Ehrmann, Michael & Georgarakos, Dimitris & Kenny, Geoff, 2023. "Credibility gains from communicating with the public: evidence from the ECB’s new monetary policy strategy," Working Paper Series 2785, European Central Bank.
    63. Michael Lamla & Damjan Pfajfar & Lea Rendell, 2018. "Confidence in Central Banks and Inflation Expectations," 2018 Meeting Papers 945, Society for Economic Dynamics.
    64. Gründler, Klaus & Dräger, Lena & Potrafke, Niklas, 2023. "Political Shocks and Inflation Expectations: Evidence from the 2022 Russian Invasion of Ukraine," VfS Annual Conference 2023 (Regensburg): Growth and the "sociale Frage" 277673, Verein für Socialpolitik / German Economic Association.
    65. Oinonen, Sami & Vilmi, Lauri, 2021. "Analysing euro area inflation outlook with the Phillips curve," BoF Economics Review 5/2021, Bank of Finland.
    66. Stanisławska, Ewa & Paloviita, Maritta, 2024. "Heterogeneous responsiveness of consumers’ medium-term inflation expectations," Economics Letters, Elsevier, vol. 237(C).
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    68. Max Sina Knicker & Karl Naumann-Woleske & Jean-Philippe Bouchaud & Francesco Zamponi, 2023. "Post-COVID Inflation & the Monetary Policy Dilemma: An Agent-Based Scenario Analysis," Papers 2306.01284, arXiv.org, revised Jan 2024.
    69. Carin van der Cruijsen & Anna Samarina, 2021. "Trust in the ECB in turbulent times," Working Papers 722, DNB.
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    71. Bańnkowska, Katarzyna & Borlescu, Ana Maria & Charalambakis, Evangelos & Da Silva, António Dias & Di Laurea, Davide & Dossche, Maarten & Georgarakos, Dimitris & Honkkila, Juha & Kennedy, Neale & Kenny, 2021. "ECB Consumer Expectations Survey: an overview and first evaluation," Occasional Paper Series 287, European Central Bank.
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    79. Michael J. Lamla & Damjan Pfajfar & Lea Rendell, 2024. "Inflation and Deflationary Biases in the Distribution of Inflation Expectations: Theory and Empirical Evidence from Nine Countries," Working Papers 24-26, Federal Reserve Bank of Cleveland.
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  22. Gábor-Tóth, Enikő & Georgarakos, Dimitris, 2018. "Economic policy uncertainty and stock market participation," CFS Working Paper Series 590, Center for Financial Studies (CFS).

    Cited by:

    1. Lee, Kiryoung, 2023. "Geopolitical risk and household stock market participation," Finance Research Letters, Elsevier, vol. 51(C).
    2. Park, Jin Seok & Suh, Donghyun, 2019. "Uncertainty and household portfolio choice : Evidence from South Korea," Economics Letters, Elsevier, vol. 180(C), pages 21-24.
    3. Imlak Shaikh, 2019. "On the Relationship between Economic Policy Uncertainty and the Implied Volatility Index," Sustainability, MDPI, vol. 11(6), pages 1-11, March.

  23. Ampudia, Miguel & Georgarakos, Dimitris & Slacalek, Jiri & Tristani, Oreste & Vermeulen, Philip & Violante, Giovanni L., 2018. "Monetary policy and household inequality," Working Paper Series 2170, European Central Bank.

    Cited by:

    1. Kristopher Gerardi & Paul S. Willen & David Hao Zhang, 2020. "Mortgage Prepayment, Race, and Monetary Policy," Working Papers 20-7, Federal Reserve Bank of Boston.
    2. Michele Lenza & Jiri Slacalek, 2024. "How does monetary policy affect income and wealth inequality? Evidence from quantitative easing in the euro area," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 39(5), pages 746-765, August.
    3. Jürgen Michels & Gunther Schnabl & Helmut Schleweis & Dominik Löber & Michael Menhart & Ansgar Belke & Daniel Gros, 2019. "Gewinner und Verlierer in der Welt dauerhafter Niedrigzinsen," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 72(20), pages 03-23, October.
    4. Asger Lau Andersen & Niels Johannesen & Mia Jørgensen & José-Luis Peydró, 2022. "Monetary Policy and Inequality," CEBI working paper series 22-09, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
    5. Schoenmaker, Dirk, 2019. "Greening monetary policy," CEPR Discussion Papers 13576, C.E.P.R. Discussion Papers.
    6. Luisa Corrado & Daniela Fantozzi, 2021. "Micro level data for macro models: the distributional effects of monetary policy," National Institute of Economic and Social Research (NIESR) Discussion Papers 529, National Institute of Economic and Social Research.
    7. Sigal Ribon, 2023. "Differential Effects of Monetary Policy on Household Consumption: The Case of Israel," Israel Economic Review, Bank of Israel, vol. 21(1), pages 35-73, March.
    8. Trung Duc Nguyen & Lanh Kim Trieu & Anh Hoang Le, 2024. "The monetary policy of the State Bank of Vietnam, households and income distribution: the evidence from DSGE model," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 16(4), pages 463-482, May.
    9. Slacalek, Jiri & Tristani, Oreste & Violante, Giovanni L., 2020. "Household balance sheet channels of monetary policy: A back of the envelope calculation for the euro area," Journal of Economic Dynamics and Control, Elsevier, vol. 115(C).
    10. Demary, Markus & Niehues, Judith & Stockhausen, Maximilian & Zdrzalek, Jonas, 2021. "Der Einfluss der EZB-Geldpolitik auf die Vermögensverteilung in Deutschland," Studien, Stiftung Familienunternehmen / Foundation for Family Businesses, number 250019, March.
    11. Mäki-Fränti, Petri & Silvo, Aino & Gulan, Adam & Kilponen, Juha, 2022. "Monetary policy and inequality: The Finnish case," Bank of Finland Research Discussion Papers 3/2022, Bank of Finland.
    12. Ha,Jongrim & Ivanova,Anna & Ohnsorge,Franziska Lieselotte & Unsal Portillo Ocando,Derya Filiz, 2019. "Inflation : Concepts, Evolution, and Correlates," Policy Research Working Paper Series 8738, The World Bank.
    13. Papadopoulos, Georgios, 2019. "Income inequality, consumption, credit and credit risk in a data-driven agent-based model," Journal of Economic Dynamics and Control, Elsevier, vol. 104(C), pages 39-73.
    14. Maria Coelho, 2019. "Fiscal Stimulus in a Monetary Union: Evidence from Eurozone Regions," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 67(3), pages 573-617, September.
    15. Riccardo Bonis & Marco Marinucci, 2023. "A Short Note on Interest Rates and Household Wealth," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 9(2), pages 617-635, July.
    16. Mumtaz, Haroon & Theophilopoulou, Angeliki, 2020. "Monetary policy and wealth inequality over the great recession in the UK. An empirical analysis," European Economic Review, Elsevier, vol. 130(C).
    17. Ampudia, Miguel & Ehrmann, Michael & Strasser, Georg, 2024. "Shopping behavior and the effect of monetary policy on inflation heterogeneity along the income distribution," Journal of Monetary Economics, Elsevier, vol. 148(C).
    18. Edmund Crawley & Andreas Kuchler, 2020. "Consumption Heterogeneity: Micro Drivers and Macro Implications," Finance and Economics Discussion Series 2020-005, Board of Governors of the Federal Reserve System (U.S.).
    19. Schnabl Gunther & Müller Sebastian, 2019. "The Brexit as a Forerunner: Monetary Policy, Economic Order and Divergence Forces in the European Union," The Economists' Voice, De Gruyter, vol. 16(1), pages 1-18, December.
    20. Anna Samarina & Anh D.M. Nguyen, 2024. "Does Monetary Policy Affect Income Inequality in the Euro Area?," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 56(1), pages 35-80, February.
    21. Ahiadorme, Johnson Worlanyo, 2020. "Monetary policy transmission and income inequality in Sub-Saharan Africa," MPRA Paper 104084, University Library of Munich, Germany.
    22. Ampudia, Miguel & Ehrmann, Michael & Strasser, Georg, 2023. "The effect of monetary policy on inflation heterogeneity along the income distribution," CEPR Discussion Papers 18460, C.E.P.R. Discussion Papers.
    23. Neyer, Ulrike & Stempel, Daniel, 2019. "Macroeconomic effects of gender discrimination," DICE Discussion Papers 324, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    24. Bank for International Settlements, 2019. "Unconventional monetary policy tools: a cross-country analysis," CGFS Papers, Bank for International Settlements, number 63.
    25. Ludmila Fadejeva & Zeynep Kantur, 2020. "Wealth distribution and monetary policy," Working Papers 2020/03, Latvijas Banka.
    26. Bence Bardóczy & Mateo Velásquez-Giraldo, 2024. "HANK Comes of Age," Finance and Economics Discussion Series 2024-052, Board of Governors of the Federal Reserve System (U.S.).
    27. Marcin Bielecki & Michał Brzoza-Brzezina & Marcin Kolasa, 2020. "Distributional consequences of conventional and unconventional monetary policy," NBP Working Papers 327, Narodowy Bank Polski.
    28. Bilbiie, Florin & Känzig, Diego & Surico, Paolo, 2019. "Capital and Income Inequality: An Aggregate-Demand Complementarity," CEPR Discussion Papers 14118, C.E.P.R. Discussion Papers.
    29. Oliver Pfäuti & Fabian Seyrich, 2022. "A Behavioral Heterogeneous Agent New Keynesian Model," CRC TR 224 Discussion Paper Series crctr224_2022_334, University of Bonn and University of Mannheim, Germany.
    30. Eskelinen, Maria, 2021. "Monetary policy, agent heterogeneity and inequality: insights from a three-agent New Keynesian model," Working Paper Series 2590, European Central Bank.
    31. Mehdi El Herradi & Aurélien Leroy, 2020. "Monetary policy and the top one percent: Evidence from a century of modern economic history," AMSE Working Papers 2047, Aix-Marseille School of Economics, France.
    32. van Riet Ad, 2019. "Twenty Years of European Central Bank Monetary Policy: A Keynesian and Austrian Perspective," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 239(5-6), pages 797-840, October.
    33. Tsiaras, Stylianos, 2023. "Asset purchases, limited asset markets participation and inequality," Journal of Economic Dynamics and Control, Elsevier, vol. 154(C).
    34. Cecion, Martina & Coenen, Günter & Gerke, Rafael & Le Bihan, Hervé & Motto, Roberto & Aguilar, Pablo & Ajevskis, Viktors & Giesen, Sebastian & Albertazzi, Ugo & Gilbert, Niels & Al-Haschimi, Alexander, 2021. "The ECB’s price stability framework: past experience, and current and future challenges," Occasional Paper Series 269, European Central Bank.
    35. Kilman, Josefin, 2020. "Monetary Policy and Income Inequality in the United States: The Role of Labor Unions," Working Papers 2020:10, Lund University, Department of Economics, revised 20 Sep 2022.
    36. Peiris, M.U. & Shirobokov, A. & Tsomocos, D.P., 2024. "Does “Lean Against the Wind” monetary policy improve welfare in a commodity exporter?," Journal of International Money and Finance, Elsevier, vol. 141(C).
    37. Stefan Hohberger & Romanos Priftis & Lukas Vogel, 2019. "The Distributional Effects of Conventional Monetary Policy and Quantitative Easing: Evidence from an Estimated DSGE Model," Staff Working Papers 19-6, Bank of Canada.
    38. Neyer, Ulrike & Stempel, Daniel, 2021. "Gender discrimination, inflation, and the business cycle," Journal of Macroeconomics, Elsevier, vol. 70(C).
    39. José Alves & Tomás Silva, 2020. "An Empirical Assessment of Monetary Policy Channels on Income and Wealth Disparities," Working Papers REM 2020/0144, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    40. Domonkos, Tomas & Fisera, Boris & Siranova, Maria, 2023. "Income inequality as long-term conditioning factor of monetary transmission to bank rates," Economic Modelling, Elsevier, vol. 128(C).
    41. Neves Costa, Rita & Pérez-Duarte, Sébastien, 2019. "Not all inequality measures were created equal - The measurement of wealth inequality, its decompositions, and an application to European household wealth," Statistics Paper Series 31, European Central Bank.
    42. Hamza Bennani, 2021. "Monetary Policy and the Racial Unemployment Rates in the US," EconomiX Working Papers 2021-8, University of Paris Nanterre, EconomiX.
    43. Miller, Stephen M. & Teryoshin, Yevgeniy, 2024. "Income inequality and monetary policy regimes," Economics Letters, Elsevier, vol. 243(C).
    44. Czeczeli, Vivien, 2021. "A monetáris politika hatása a jövedelmi egyenlőtlenségekre [Monetary-policy effects on income inequalities]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 282-299.
    45. Stempel, Daniel & Neyer, Ulrike, 2019. "The Effects of Gender Discrimination in DSGE Models," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203556, Verein für Socialpolitik / German Economic Association.
    46. Patrizio Tirelli & Maria Ferrara, 2020. "Disinflation, Inequality, And Welfare In A Tank Model," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1297-1313, July.
    47. Goto, Eiji, 2023. "Industry effects of unconventional monetary policy, within and across countries," Journal of International Money and Finance, Elsevier, vol. 136(C).
    48. Schnabl, Gunther, 2018. "70 years after the German currency and economic reform: The monetary, economic and political order in Europe is disturbed," Working Papers 156, University of Leipzig, Faculty of Economics and Management Science.
    49. Nalban, Valeriu, 2018. "Sectoral intermediate goods and redistributive effects of economic policies," Journal of Macroeconomics, Elsevier, vol. 58(C), pages 292-307.
    50. AMODU, Muhammed Abdulasisi & ADEDAYO, Olawale Clement & AKEREDOLU, Adebisi Gabriel, 2023. "Monetary Policy and People’s Socio-Economic Welfare in Nigeria," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 10(06), pages 71-82, June.
    51. Claudio Borio, 2019. "Central banking in challenging times," BIS Working Papers 829, Bank for International Settlements.
    52. Donato Masciandaro & Francesco Passarelli, 2020. "Populism, Political Pressure and Central Bank (in)Dependence," Open Economies Review, Springer, vol. 31(3), pages 691-705, July.
    53. Eiji Goto, 2020. "Industry Impacts of Unconventional Monetary Policy," 2020 Papers pgo873, Job Market Papers.

  24. Jappelli, Tullio & Christelis, Dimitris & Georgarakos, Dimitris & Van Rooij, Maarten & Pistaferri, Luigi, 2017. "Asymmetric Consumption Effects of Transitory Income Shocks," CEPR Discussion Papers 12025, C.E.P.R. Discussion Papers.

    Cited by:

    1. Fagereng, Andreas & Onshuus, Helene & Torstensen, Kjersti N., 2024. "The consumption expenditure response to unemployment: Evidence from Norwegian households," Journal of Monetary Economics, Elsevier, vol. 146(C).
    2. Sá, Diogo, 2022. "Liquidity constraints and fiscal multipliers," MPRA Paper 112132, University Library of Munich, Germany.
    3. Janet Hua Jiang & Rupal Kamdar & Kelin Lu & Daniela Puzzello, 2024. "How Do Households Respond to Expected Inflation? An Investigation of Transmission Mechanisms," CAEPR Working Papers 2024-004 Classification-D, Center for Applied Economics and Policy Research, Department of Economics, Indiana University Bloomington.
    4. Richard McManus & F. Gulcin Ozkan & Dawid Trzeciakiewicz, 2021. "Why are Fiscal Multipliers Asymmetric? The Role of Credit Constraints," Economica, London School of Economics and Political Science, vol. 88(349), pages 32-69, January.
    5. Brancatelli, Calogero & Inderst, Roman, 2022. "Income and Consumption over the Business Cycle: Evidence from Matched Administrative Data," CEPR Discussion Papers 16883, C.E.P.R. Discussion Papers.
    6. Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio & Pistaferri, Luigi & Rooij, Maarten van, 2021. "Heterogeneous wealth effects," European Economic Review, Elsevier, vol. 137(C).
    7. Claudio Campanale & Marcello Sartarelli, 2018. "Life-cycle Wealth Accumulation and Consumption Insurance," Working Papers. Serie AD 2018-06, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    8. Trivin, Pedro, 2020. "The wealth-consumption channel: Evidence from a panel of Spanish households," MPRA Paper 102079, University Library of Munich, Germany.
    9. Régis Barnichon & Davide Debortoli & Christian Matthes, 2020. "Understanding the Size of the Government Spending Multiplier: It's in the Sign," Working Paper Series 2021-01, Federal Reserve Bank of San Francisco.
    10. Andreas Fagereng & Martin B. Holm & Gisle J. Natvik, 2016. "MPC heterogeneity and household balance sheets," Discussion Papers 852, Statistics Norway, Research Department.
    11. Georgarakos, Dimitris & Kenny, Geoff, 2022. "Household spending and fiscal support during the COVID-19 pandemic: insights from a new consumer survey," Working Paper Series 2643, European Central Bank.
    12. Sala, Hector & Trivín, Pedro, 2021. "Reported MPC in the Presence of Debt," IZA Discussion Papers 14210, Institute of Labor Economics (IZA).
    13. Sosvilla-Rivero, Simón & Rubio-Guerrero, Juan J., 2022. "The economic effects of fiscal policy: Further evidence for Spain," The Quarterly Review of Economics and Finance, Elsevier, vol. 86(C), pages 305-313.
    14. Aidala, Felix & Armantier, Olivier & Koşar, Gizem & Somerville, Jason & Topa, Giorgio & van der Klaauw, Wilbert, 2024. "Gasoline price changes and consumer inflation expectations: Experimental evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 220(C), pages 66-80.
    15. Andreas Fuster & Greg Kaplan & Basit Zafar, 2021. "What Would You Do with $500? Spending Responses to Gains, Losses, News, and Loans [The Spending and Debt Response to Minimum Wage Hikes]," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(4), pages 1760-1795.
    16. Pistaferri, Luigi, 2019. "Reported MPC and Unobserved Heterogeneity," CEPR Discussion Papers 14083, C.E.P.R. Discussion Papers.
    17. Milan van den Heuvel & Benjamin Vandermarliere & Koen Schoors, 2019. "The Asymmetric Response Of Consumption To Income Changes And The Effect Of Liquid Wealth," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 19/958, Ghent University, Faculty of Economics and Business Administration.
    18. Macaulay, Alistair, 2021. "The attention trap: Rational inattention, inequality, and fiscal policy," European Economic Review, Elsevier, vol. 135(C).
    19. Cameron LAPOINT & UNAYAMA Takashi, 2020. "Winners, Losers, and Near-Rationality: Heterogeneity in the MPC out of a Large Stimulus Tax Rebate," Discussion papers 20067, Research Institute of Economy, Trade and Industry (RIETI).
    20. Fátima Cardoso & Manuel Coutinho Pereira & Nuno Alves, 2020. "Heterogeneous response of consumers to income shocks throughout a financial assistance program," Working Papers w202018, Banco de Portugal, Economics and Research Department.
    21. Peter Andre & Carlo Pizzinelli & Christopher Roth & Johannes Wohlfart, 2021. "Subjective Models of the Macroeconomy: Evidence From Experts and Representative Samples," ECONtribute Discussion Papers Series 119, University of Bonn and University of Cologne, Germany.
    22. Edmund Crawley & Alexandros Theloudis, 2024. "Income Shocks and their Transmission into Consumption," Papers 2404.12214, arXiv.org.
    23. Gert Peersman & Joris Wauters, 2022. "Heterogeneous Household Responses to Energy Price Shocks," CESifo Working Paper Series 10157, CESifo.
    24. Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli & Luigi Pistaferri & Maarten van Rooij, 2019. "Wealth Shocks and MPC Heterogeneity," CSEF Working Papers 531, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    25. Song, Sang-yoon, 2022. "The heterogeneity of interest-induced MPC: Evidence from mortgage borrowers," International Review of Economics & Finance, Elsevier, vol. 80(C), pages 402-417.
    26. Michael Gelman & Dan Silverman & Matthew Shapiro & Shachar Kariv, 2019. "Rational Illiquidity and Excess Sensitivity: Theory and Evidence from Income Tax Withholding and Refunds," 2019 Meeting Papers 542, Society for Economic Dynamics.
    27. Fergus Cumming, 2019. "Mortgage Cash-flows and Employment," Discussion Papers 1922, Centre for Macroeconomics (CFM).
    28. Azizbek Tokhirov, 2024. "Income Fluctuations and Subjective Well-being: The Mediating Effects of Occupational Switching and Remittances," Journal of Happiness Studies, Springer, vol. 25(8), pages 1-37, December.
    29. Kris Boudt & Koen Schoors & Milan van den Heuvel & Johannes Weytjens, 2023. "Taming the Zoo of Consumption Responses to Labour Income Changes," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 23/1067, Ghent University, Faculty of Economics and Business Administration.
    30. Thomas F Crossley & Paul Fisher & Peter Levell & Hamish Low, 2022. "Stimulus Payments and Private Transfers," Economics Series Working Papers 964, University of Oxford, Department of Economics.
    31. Savoia, Ettore, 2023. "The effects of labor income risk heterogeneity on the marginal propensity to consume," Working Paper Series 2866, European Central Bank.
    32. Tiziana Assenza & Alberto Cardaci & Stefanie J. Huber, 2024. "Fake News: Susceptibility, Awareness and Solutions," ECONtribute Discussion Papers Series 290, University of Bonn and University of Cologne, Germany.
    33. Olivier Armantier & Argia M. Sbordone & Giorgio Topa & Wilbert Van der Klaauw & John C. Williams, 2022. "A New Approach to Assess Inflation Expectations Anchoring Using Strategic Surveys," Staff Reports 1007, Federal Reserve Bank of New York.
    34. Michael Gelman & Shachar Kariv & Matthew D. Shapiro & Dan Silverman, 2019. "Rational Illiquidity and Consumption: Theory and Evidence from Income Tax Withholding and Refunds," NBER Working Papers 25757, National Bureau of Economic Research, Inc.
    35. David Boto-García & Alvaro Muñiz-Fernández & Levi Pérez, 2024. "Windfall money and outbound tourism: A natural experiment from lottery winnings," Tourism Economics, , vol. 30(5), pages 1257-1280, August.
    36. Brian Baugh & Itzhak Ben-David & Hoonsuk Park & Jonathan A. Parker, 2018. "Asymmetric Consumption Smoothing," NBER Working Papers 25086, National Bureau of Economic Research, Inc.
    37. Kuncl, Martin & Ueberfeldt, Alexander, 2024. "Monetary policy and the persistent aggregate effects of wealth redistribution," Journal of Monetary Economics, Elsevier, vol. 144(C).
    38. Albuquerque, Bruno & Green, Georgina, 2022. "Financial concerns and the marginal propensity to consume in Covid times: evidence from UK survey data," Bank of England working papers 965, Bank of England.
    39. Jonathan Kearns & Mike Major & David Norman, 2021. "How Risky Is Australian Household Debt?," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 54(3), pages 313-330, September.
    40. Bernard, René, 2022. "Mental Accounting and the Marginal Propensity to Consume," VfS Annual Conference 2022 (Basel): Big Data in Economics 264186, Verein für Socialpolitik / German Economic Association.
    41. Agnes Kovacs & Concetta Rondinelli & Serena Trucchi, 2018. "Permanent versus Transitory Income Shocks over the Business Cycle," Working Papers 2018:23, Department of Economics, University of Venice "Ca' Foscari".
    42. Jensen, Mathias Fjællegaard & Blundell, Jack, 2024. "Income effects and labour supply: Evidence from a child benefits reform," Journal of Public Economics, Elsevier, vol. 230(C).
    43. Fessler, Pirmin & Rapp, Severin, 2024. "The Subjective Wealth Distribution: How it Arises and Why it Matters to Inform Policy?," SocArXiv 3x4jh, Center for Open Science.
    44. Dzung Bui & Lena Draeger & Bernd Hayo & Giang Nghiem, 2022. "The Marginal Propensity to Consume During the COVID-19 Pandemic: Evidence from Thailand and Vietnam," MAGKS Papers on Economics 202207, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    45. Thomas Crossley & Paul Fisher & Peter Levell & Hamish Low, 2021. "MPCs in an economic crisis: spending, saving and private transfers," IFS Working Papers W21/26, Institute for Fiscal Studies.
    46. Favara, Marta & Freund, Richard & Perez-Alvarez, Marcello, 2023. "What If It Never Happened? Subjective Treatment Effects of a Negative Shock on Youth Labour Market Outcomes in Developing Countries," IZA Discussion Papers 16417, Institute of Labor Economics (IZA).
    47. Petar Sorić, 2022. "Ability to consume versus willingness to consume: the role of nonlinearities," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 49(3), pages 663-689, August.
    48. Tullio Jappelli & Luigi Pistaferri, 2025. "Permanent Income Shocks, Target Wealth, and the Wealth Gap," American Economic Journal: Macroeconomics, American Economic Association, vol. 17(1), pages 102-125, January.
    49. Radermacher, Jan W., 2023. "Mamma Mia! Revealing hidden heterogeneity by PCA-biplot: MPC puzzle for Italy's elderly poor," SAFE Working Paper Series 382, Leibniz Institute for Financial Research SAFE.
    50. Wadud, Mokhtarul & Ali Ahmed, Huson Joher & Tang, Xueli, 2020. "Factors affecting delinquency of household credit in the U.S.: Does consumer sentiment play a role?," The North American Journal of Economics and Finance, Elsevier, vol. 52(C).
    51. Thomas F. Crossley & Peter Levell & Sofía Sierra Vásquez, 2024. "What would you do with £500? (...in your own words)," IFS Working Papers W24/38, Institute for Fiscal Studies.
    52. Sang-yoon Song, 2019. "The Cash-Flow Channel of Monetary Policy: Evidence from Mortgage Borrowers," Working Papers 2019-20, Economic Research Institute, Bank of Korea.
    53. Victoria Kudaisi, Bosede & Akanni Olomola, Philip, 2021. "Effects Of Income Shock On Consumption Among Public Workers In Southwest Nigeria: Evidence From The 2016-2018 Economic Crisis," Ilorin Journal of Economic Policy, Department of Economics, University of Ilorin, vol. 8(2), pages 65-88, June.
    54. Choi, Kyoung Jin & Jeon, Junkee & Koo, Hyeng Keun, 2022. "Intertemporal preference with loss aversion: Consumption and risk-attitude," Journal of Economic Theory, Elsevier, vol. 200(C).
    55. Hubert Paul, 2021. "Does household mortgage debt influence the transmission of monetary policy in the United Kingdom? [L’endettement immobilier des ménages influence-t-il la transmission de la politique monétaire au R," Bulletin de la Banque de France, Banque de France, issue 236.
    56. Dutt, Satyajit & Radermacher, Jan W., 2023. "Age, wealth, and the MPC in Europe: A supervised machine learning approach," SAFE Working Paper Series 383, Leibniz Institute for Financial Research SAFE.
    57. Agarwal, Sumit & Ghosh, Pulak & Zheng, Huanhuan, 2024. "Consumption response to a natural disaster: Evidence of price and income shocks from Chennai flood," Energy Economics, Elsevier, vol. 131(C).
    58. J r my Boccanfuso, 2022. "Consumption Response Heterogeneity and Dynamics with an Inattention Region," Working Papers wp1172, Dipartimento Scienze Economiche, Universita' di Bologna.
    59. Bańnkowska, Katarzyna & Borlescu, Ana Maria & Charalambakis, Evangelos & Da Silva, António Dias & Di Laurea, Davide & Dossche, Maarten & Georgarakos, Dimitris & Honkkila, Juha & Kennedy, Neale & Kenny, 2021. "ECB Consumer Expectations Survey: an overview and first evaluation," Occasional Paper Series 287, European Central Bank.
    60. Apostolos Fasianos & Reamonn Lydon, 2022. "Do households with debt cut back their consumption more? New evidence from the United Kingdom," Bulletin of Economic Research, Wiley Blackwell, vol. 74(3), pages 737-760, July.
    61. Yener Coskun & Nicholas Apergis & Esra Alp Coskun, 2022. "Nonlinear responses of consumption to wealth, income, and interest rate shocks," Empirical Economics, Springer, vol. 63(3), pages 1293-1335, September.
    62. Sang-yoon Song, 2020. "Leverage, Hand-to-Mouth Households, and Heterogeneity of the Marginal Propensity to Consume: Evidence from South Korea," Review of Economics of the Household, Springer, vol. 18(4), pages 1213-1244, December.
    63. de Bresser, Jochem & Knoef, Marike & Kools, Lieke, 2021. "Cutting one’s coat according to one’s cloth – How did the great recession affect retirement resources and expenditure goals?," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 126-166.
    64. Zhao, Da & Chen, Yifan & Shen, Jim.H., 2020. "Mortgage payments and household consumption in urban China," Economic Modelling, Elsevier, vol. 93(C), pages 100-111.
    65. Yeorim Kim & Mauro Mastrogiacomo, 2024. "Residual-debt insurance and mortgage repayments," Working Papers 823, DNB.
    66. Bernard, René, 2023. "Mental accounting and the marginal propensity to consume," Discussion Papers 13/2023, Deutsche Bundesbank.
    67. Drescher, Katharina & Fessler, Pirmin & Lindner, Peter, 2020. "Helicopter money in Europe: New evidence on the marginal propensity to consume across European households," Economics Letters, Elsevier, vol. 195(C).
    68. Mairead Roiste & Apostolos Fasianos & Robert Kirkby & Fang Yao, 2021. "Are Housing Wealth Effects Asymmetric in Booms and Busts?," The Journal of Real Estate Finance and Economics, Springer, vol. 62(4), pages 578-628, May.

  25. Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli & Maarten van Rooij, 2015. "Consumption Uncertainty and Precautionary Saving," CSEF Working Papers 421, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.

    Cited by:

    1. Yuting Cao & Ran Liu & Wei Qi & Jin Wen, 2020. "Urban Land Regulation and Heterogeneity of Housing Conditions of Inter-Provincial Migrants in China," Land, MDPI, vol. 9(11), pages 1-21, November.
    2. Acharya, Sushant & CHALLE, Edouard & Dogra, Keshav, 2020. "Optimal Monetary Policy According to HANK," CEPR Discussion Papers 14429, C.E.P.R. Discussion Papers.
    3. Marcela Ibanez & Sebastian O. Schneider, 2023. "Income Risk, Precautionary Saving, and Loss Aversion – An Empirical Test," Discussion Paper Series of the Max Planck Institute for Research on Collective Goods 2023_06, Max Planck Institute for Research on Collective Goods.
    4. Sushant Acharya & Keshav Dogra, 2020. "Understanding HANK: Insights From a PRANK," Econometrica, Econometric Society, vol. 88(3), pages 1113-1158, May.
    5. Erkmen G. Aslim & Wei Fu & Erdal Tekin & Shijun You, 2023. "From Syringes to Dishes: Improving Food Security through Vaccination," NBER Working Papers 31045, National Bureau of Economic Research, Inc.
    6. David-Jan Jansen, 2023. "Homeowners and flood risk: A disconnect between awareness and actions?," Working Papers 791, DNB.
    7. Alba Lugilde, 2024. "The impact of measured income uncertainty on Spanish household consumption at the end of the Great Recession," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 51(3), pages 679-702, August.
    8. Stefano Eusepi & Giorgio Topa & Andrea Tambalotti & Richard Crump, 2016. "Subjective Intertemporal Substitution," 2016 Meeting Papers 83, Society for Economic Dynamics.
    9. Gnangnon, Sèna Kimm, 2023. "Effect of Economic Uncertainty on Remittances Flows from Developed Countries," EconStor Preprints 279480, ZBW - Leibniz Information Centre for Economics.
    10. Rawley Heimer & Kristian Ove R. Myrseth & Raphael Schoenle, 2015. "YOLO: Mortality Beliefs and Household Finance Puzzles," Working Papers (Old Series) 15-21, Federal Reserve Bank of Cleveland.
    11. Bonekamp, Johan & van Soest, Arthur, 2022. "Evidence of behavioural life-cycle features in spending patterns after retirement," The Journal of the Economics of Ageing, Elsevier, vol. 23(C).
    12. Giorgio Brunello & Dimitris Christelis & Anna Sanz‐de‐Galdeano & Anastasia Terskaya, 2024. "Does college selectivity reduce obesity? A partial identification approach," Health Economics, John Wiley & Sons, Ltd., vol. 33(10), pages 2306-2320, October.
    13. Giovanni Immordino & Tullio Jappelli & Tommaso Oliviero, 2024. "Consumption and income expectations during Covid-19," Review of Economics of the Household, Springer, vol. 22(1), pages 95-116, March.
    14. Wu, Weixing & Zhao, Jing, 2022. "Economic policy uncertainty and household consumption: Evidence from Chinese households," Journal of Asian Economics, Elsevier, vol. 79(C).
    15. Charles E. Phelps, 2023. "Optimal health insurance," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 90(1), pages 213-241, March.
    16. Lopez, Ramon E. & Pastén, Roberto & Gutiérrez Cubillos, Pablo, 2022. "Climate change in times of economic uncertainty: A perverse tragedy of the commons?," Economic Analysis and Policy, Elsevier, vol. 75(C), pages 209-225.
    17. Yu-Fu Chen & Hassan Molana, 2022. "Solving the Life-Cycle Model with Labour Income Uncertainty: Some Implications of Income Volatility for Consumption Plan," Dundee Discussion Papers in Economics 303, Economic Studies, University of Dundee.
    18. Ambrocio, Gene, 2020. "Inflationary household uncertainty shocks," Bank of Finland Research Discussion Papers 5/2020, Bank of Finland.
    19. Tullio Jappelli & Luigi Pistaferri, 2025. "Permanent Income Shocks, Target Wealth, and the Wealth Gap," American Economic Journal: Macroeconomics, American Economic Association, vol. 17(1), pages 102-125, January.
    20. de Bruin, Boudewijn & Cherednychenko, Olha & Hermes, Niels & Kramer, Marc & Meyer, Marco, 2024. "Demand for financial advice: Evidence from a randomized choice experiment," Journal of Banking & Finance, Elsevier, vol. 163(C).
    21. Sanjit Dhami & Narges Hajimoladarvish & Konstantinos Georgalos, 2023. "Precautionary Savings, Loss Aversion, and Risk: Theory and Evidence," CESifo Working Paper Series 10570, CESifo.
    22. Tao Wang, 2023. "Perceived versus Calibrated Income Risks in Heterogeneous-Agent Consumption Models," Staff Working Papers 23-59, Bank of Canada.
    23. Sèna Kimm Gnangnon, 2024. "The effect of economic uncertainty on remittance flows from developed countries," Economic Affairs, Wiley Blackwell, vol. 44(2), pages 267-280, June.

  26. Dimitris Christelis & Michael Ehrmann & Dimitris Georgarakos, 2015. "Exploring Differences in Household Debt Across Euro Area Countries and the United States," Staff Working Papers 15-16, Bank of Canada.

    Cited by:

    1. David Loschiavo, 2021. "Household debt and income inequality: Evidence from Italian survey data," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 67(1), pages 61-103, March.
    2. Benyan Tan & Yingzhu Guo & Yan Wu, 2024. "The influence and mechanism of female-headed households on household debt risk: empirical evidence from China," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-15, December.
    3. Annamaria Lusardi & Olivia S. Mitchell & Noemi Oggero, 2020. "Debt and Financial Vulnerability on the Verge of Retirement," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 52(5), pages 1005-1034, August.
    4. Nicolas Albacete & Pirmin Fessler & Peter Lindner, 2018. "One policy to rule them all? On the effectiveness of LTV, DTI and DSTI ratio limits as macroprudential policy tools," Financial Stability Report, Oesterreichische Nationalbank (Austrian Central Bank), issue 35, pages 67-83.
    5. Miguel Ampudia & Michael Ehrmann, 2016. "Financial Inclusion—What’s it Worth?," Staff Working Papers 16-30, Bank of Canada.
    6. Chichaibelu, Bezawit Beyene & Waibel, Hermann, 2017. "Explaining differences in rural household debt between Thailand and Vietnam: Economic environment versus household characteristics," TVSEP Working Papers wp-002, Leibniz Universitaet Hannover, Institute for Environmental Economics and World Trade, Project TVSEP.
    7. Jiseob Kim, 2016. "Why household debt held by Korean seniors is problematic: An international comparison," Economics Bulletin, AccessEcon, vol. 36(4), pages 2080-2093.
    8. Gianluca Cafiso, 2022. "Loans to Different Groups and Economic Activity at Times of Crisis and Growth," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 84(3), pages 594-623, June.
    9. Guin, Benjamin, 2017. "Culture and household saving," Working Paper Series 2069, European Central Bank.
    10. Massimo Coletta & Riccardo De Bonis & Stefano Piermattei, 2019. "Household Debt in OECD Countries: The Role of Supply-Side and Demand-Side Factors," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 143(3), pages 1185-1217, June.
    11. Katarzyna Bankowska & Pierre Lamarche & Guillaume Osier & Sébastien Pérez-Duarte, 2015. "Measuring household debt vulnerability in the euro area," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Indicators to support monetary and financial stability analysis: data sources and statistical methodologies, volume 39, Bank for International Settlements.
    12. Diega Caprara & Riccardo De Bonis & Luigi Infante, 2018. "Household wealth in Italy and in advanced countries," Questioni di Economia e Finanza (Occasional Papers) 470, Bank of Italy, Economic Research and International Relations Area.
    13. Massimiliano Affinito & Raffaele Santioni & Luca Tomassetti, 2023. "Inside household debt: disentangling mortgages and consumer credit, and household and bank factors. Evidence from Italy," Questioni di Economia e Finanza (Occasional Papers) 788, Bank of Italy, Economic Research and International Relations Area.
    14. Waibel, H. & Chichaibelu, B.B., 2018. "Exploring Differences in Rural Household Debt between Thailand and Vietnam: Economic Environment versus Household Characteristics," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277520, International Association of Agricultural Economists.
    15. Sofia Vale & Francisco Camões, 2017. "Housing valuation, wealth perception, and households’ portfolio composition," EcoMod2017 10565, EcoMod.

  27. Inderst, Roman & Georgarakos, Dimitris & Deuflhard, Florian, 2014. "Financial Literacy and Savings Account Returns," CEPR Discussion Papers 9882, C.E.P.R. Discussion Papers.

    Cited by:

    1. Donato Masciandaro, 2023. "Politicians, Trust and Financial Literacy: When Do Politicians Care?," BAFFI CAREFIN Working Papers 23206, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    2. Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio & Pistaferri, Luigi & Rooij, Maarten van, 2021. "Heterogeneous wealth effects," European Economic Review, Elsevier, vol. 137(C).
    3. Rahmanda Muhammad Thaariq & Arif Anindita & Hafizha Dea Iftina, 2021. "The Internet Miracle: The Impact Of Internet Access On Household Saving In Indonesia," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 24(2), pages 255-282, June.
    4. Oberrauch, Luis & Kaiser, Tim, 2020. "Financial Literacy and Intertemporal Arbitrage," EconStor Preprints 225642, ZBW - Leibniz Information Centre for Economics.
    5. Pavel Ciaian & Andrej Cupák & Pirmin Fessler & d’Artis Kancs, 2022. "Environmental and Social Preferences and Investments in Crypto-Assets," Working and Discussion Papers WP 3/2022, Research Department, National Bank of Slovakia.
    6. Gilenko, Evgenii & Chernova, Aleksandra, 2021. "Saving behavior and financial literacy of Russian high school students: An application of a copula-based bivariate probit-regression approach," Children and Youth Services Review, Elsevier, vol. 127(C).
    7. Gilles E. Gignac & Elizabeth Ooi, 2022. "Measurement error in research on financial literacy: How much error is there and how does it influence effect size estimates?," Journal of Consumer Affairs, Wiley Blackwell, vol. 56(2), pages 938-956, June.
    8. Andreas Fagereng & Luigi Guiso & Davide Malacrino & Luigi Pistaferri, 2020. "Heterogeneity and Persistence in Returns to Wealth," Econometrica, Econometric Society, vol. 88(1), pages 115-170, January.
    9. Tim Kaiser & Annamaria Lusardi, 2024. "Financial Literacy and Financial Education: An Overview," NBER Working Papers 32355, National Bureau of Economic Research, Inc.
    10. Laurens Cherchye & Bram De Rock & Dieter Saelens, 2024. "Financial portfolio performance of Belgian households : a nonparametric assessment," Working Paper Research 448, National Bank of Belgium.
    11. Carin van der Cruijsen & Jakob de Haan & Ria Roerink, 2021. "Financial knowledge and trust in financial institutions," Journal of Consumer Affairs, Wiley Blackwell, vol. 55(2), pages 680-714, June.
    12. Qian, Yuting & Tan, Weiqiang & Wu, Jingbo, 2024. "Household financial literacy and retirement planning in rural China," International Review of Financial Analysis, Elsevier, vol. 93(C).
    13. Marc Peter Radke & Manuel Rupprecht, 2021. "Household Wealth: Low-Yielding and Poorly Structured?," JRFM, MDPI, vol. 14(3), pages 1-40, March.
    14. Shin Fukuda & Luna Akahira, 2024. "Decision-Making by Individual Investors in Japan: Verification Using a Binary Response Model with Survey Data," Finance, Accounting and Business Analysis, University of National and World Economy, Institute for Economics and Politics, vol. 6(2), pages 196-205, December.
    15. Donato Masciandaro, 2023. "Politicians, Trust, Financial Literacy and Financial Education: When Do Politicians Care?," BAFFI CAREFIN Working Papers 23208, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    16. Li, Xiao, 2020. "When financial literacy meets textual analysis: A conceptual review," Journal of Behavioral and Experimental Finance, Elsevier, vol. 28(C).
    17. Jon Frost & Leonardo Gambacorta & Romina Gambacorta, 2020. "The Matthew effect and modern finance: on the nexus between wealth inequality, financial development and financial technology," BIS Working Papers 871, Bank for International Settlements.
    18. Pavel Ciaian & Andrej Cupak & Pirmin Fessler & d'Artis Kancs, 2022. "Environmental-Social-Governance Preferences and the Holding of Crypto-Assets," EERI Research Paper Series EERI RP 2022/07, Economics and Econometrics Research Institute (EERI), Brussels.
    19. Brenner, Lukas & Meyll, Tobias, 2020. "Robo-advisors: A substitute for human financial advice?," Journal of Behavioral and Experimental Finance, Elsevier, vol. 25(C).
    20. Taylor, John B. & Wieland, Volker, 2016. "Finding the equilibrium real interest rate in a fog of policy deviations," IMFS Working Paper Series 103, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
    21. Oberrauch, Luis & Kaiser, Tim, 2022. "Cognitive ability, financial literacy, and narrow bracketing in time-preference elicitation," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 98(C).
    22. Trang Thi Pham, 2023. "Mobile Internet and income improvement: Evidence from Viet Nam," WIDER Working Paper Series wp-2023-145, World Institute for Development Economic Research (UNU-WIDER).
    23. Sumit Agarwal & Andrea F. Presbitero & André F. Silva & Carlo Wix, 2023. "Who Pays For Your Rewards? Redistribution in the Credit Card Market," Finance and Economics Discussion Series 2023-007, Board of Governors of the Federal Reserve System (U.S.).
    24. Carin van der Cruijsen & Jakob de Haan & Maarten van Rooij, 2023. "The impact of high inflation on trust in national politics and central banks," Working Papers 762, DNB.
    25. Sheng Xu & Xichuan Liu & Lu Zhang & Yu Xiao, 2024. "Can the Use of Digital Finance Promote the Enhancement and Quality Improvement of Household Consumption Among Farmers?," Economies, MDPI, vol. 12(12), pages 1-20, November.
    26. Laurens Cherchye & Bram De Rock & Dieter Saelens, 2024. "Nonparametric analysis of financial portfolio performance," Working Papers ECARES 2024-08, ULB -- Universite Libre de Bruxelles.
    27. Diepstraten, Maaike & van der Cruijsen, Carin, 2019. "To stay or go? Consumer bank switching behaviour after government interventions," Journal of Banking & Finance, Elsevier, vol. 106(C), pages 16-33.
    28. Carolina Guerini & Donato Masciandaro, 2023. "Financial Education between Market and State: Private Commitment, Conflicts of Interest and Public Certification," BAFFI CAREFIN Working Papers 23213, BAFFI CAREFIN, Centre for Applied Research on International Markets Banking Finance and Regulation, Universita' Bocconi, Milano, Italy.
    29. Iskandar MUDA, 2017. "User Impact of Literacy on Treatment Outcomes Quality Regional Financial Information System," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 5(2), pages 307-326, June.
    30. Ćumurović, Aida & Hyll, Walter, 2016. "Financial Literacy and Self-employment," IWH Discussion Papers 11/2016, Halle Institute for Economic Research (IWH).
    31. Zhang, Yi & Liu, Chun & Wang, Ting, 2020. "Direct or indirect? The impact of political connections on export mode of Chinese private enterprises," China Economic Review, Elsevier, vol. 61(C).
    32. Oscar A. Stolper & Andreas Walter, 2017. "Financial literacy, financial advice, and financial behavior," Journal of Business Economics, Springer, vol. 87(5), pages 581-643, July.
    33. Esther Yin-Nei Cho, 2024. "A qualitative investigation of financial decision-making and enabling factors among ethnic minority young adults in Hong Kong," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-15, December.
    34. Brown, Martin & Henchoz, Caroline & Spycher, Thomas, 2017. "Culture and Financial Literacy," Working Papers on Finance 1703, University of St. Gallen, School of Finance.
    35. Susanna Levantesi & Giulia Zacchia, 2021. "Machine Learning and Financial Literacy: An Exploration of Factors Influencing Financial Knowledge in Italy," JRFM, MDPI, vol. 14(3), pages 1-21, March.
    36. Bańnkowska, Katarzyna & Borlescu, Ana Maria & Charalambakis, Evangelos & Da Silva, António Dias & Di Laurea, Davide & Dossche, Maarten & Georgarakos, Dimitris & Honkkila, Juha & Kennedy, Neale & Kenny, 2021. "ECB Consumer Expectations Survey: an overview and first evaluation," Occasional Paper Series 287, European Central Bank.
    37. Frost, Jon & Gambacorta, Leonardo & Gambacorta, Romina, 2022. "On the nexus between wealth inequality, financial development and financial technology," Journal of Economic Behavior & Organization, Elsevier, vol. 202(C), pages 429-451.
    38. Annamaria Lusardi & Pierre-Carl Michaud & Olivia S. Mitchell, 2015. "Using a Life Cycle Model to Evaluate Financial Literacy Program Effectiveness," CIRANO Working Papers 2015s-14, CIRANO.
    39. Vieira, Kelmara Mendes & Potrich, Ani Caroline Grigion & Bressan, Aureliano Angel, 2020. "A proposal of a financial knowledge scale based on item response theory," Journal of Behavioral and Experimental Finance, Elsevier, vol. 28(C).
    40. Harvey, Melody & Urban, Carly, 2023. "Does financial education affect retirement savings?," The Journal of the Economics of Ageing, Elsevier, vol. 24(C).

  28. Jappelli, Tullio & Georgarakos, Dimitris, 2014. "Wealth Shocks, Unemployment Shocks and Consumption in the Wake of the Great Recession," CEPR Discussion Papers 10196, C.E.P.R. Discussion Papers.

    Cited by:

    1. Mairead de Roiste & Apostolos Fasianos & Robert Kirkby & Fang Yao, 2019. "Household Leverage and Asymmetric Housing Wealth Effects- Evidence from New Zealand," Reserve Bank of New Zealand Discussion Paper Series DP2019/01, Reserve Bank of New Zealand.
    2. Ilias Georgakopoulos, 2019. "Wealth Effects on Consumption in Malta: Evidence from Household Level Data," Applied Economics and Finance, Redfame publishing, vol. 6(4), pages 28-35, July.
    3. Adamopoulou, Effrosyni & Zizza, Roberta, 2017. "Regular versus Lump-Sum Payments in Union Contracts and Household Consumption," IZA Discussion Papers 10509, Institute of Labor Economics (IZA).
    4. Alberto Montagnoli & Mirko Moro, 2014. "Everybody Hurts: Banking Crises and Individual Wellbeing," Working Papers 2014010, The University of Sheffield, Department of Economics.
    5. Roberto Bande & Dolores Riveiro, 2012. "Private Saving Rates and Macroeconomic Uncertainty: Evidence from Spanish Regional Data," Documentos de trabajo - IRENe 0004, IDEGA - Instituto Universitario de Estudios e Desenvolvemento de Galicia.
    6. Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio & Pistaferri, Luigi & Rooij, Maarten van, 2021. "Heterogeneous wealth effects," European Economic Review, Elsevier, vol. 137(C).
    7. Effrosyni Adamopoulou & Roberta Zizza, 2015. "Accessorizing. The effect of union contract renewals on consumption," Temi di discussione (Economic working papers) 1024, Bank of Italy, Economic Research and International Relations Area.
    8. Yuliya Demyanyk & Dmytro Hryshko & María Jose Luengo-Prado & Bent E. Sorensen, 2015. "The rise and fall of consumption in the '00s," Working Papers 15-12, Federal Reserve Bank of Boston.
    9. Angus Deaton, 2012. "The financial crisis and the well-being of Americans," Oxford Economic Papers, Oxford University Press, vol. 64(1), pages 1-26, January.
    10. Adél Bosch & Matthew Clance & Steven F. Koch, 2022. "Household debt and consumption dynamics A non-developed world view following the financial crisis," Applied Economics, Taylor & Francis Journals, vol. 54(8), pages 897-917, February.
    11. Jim Been & Susann Rohwedder & Michael Hurd, 2020. "Does Home Production Replace Consumption Spending? Evidence from Shocks in Housing Wealth in the Great Recession," The Review of Economics and Statistics, MIT Press, vol. 102(1), pages 113-128, March.
    12. Andree Ehlert & Jan Seidel & Ursula Weisenfeld, 2020. "Trouble on my mind: the effect of catastrophic events on people’s worries," Empirical Economics, Springer, vol. 59(2), pages 951-975, August.
    13. Bertrand Garbinti & Pierre Lamarche & Fredérique Savignac, 2024. "Wealth Heterogeneity and the Marginal Propensity to Consume out of Wealth," Working Papers 2022-02, Center for Research in Economics and Statistics.
    14. Crawford, Rowena, 2013. "The effect of the financial crisis on the retirement plans of older workers in England," Economics Letters, Elsevier, vol. 121(2), pages 156-159.
    15. Zekai He & Jingjing Ye & Xiuzhen Shi, 2020. "Housing wealth and household consumption in urban China," Urban Studies, Urban Studies Journal Limited, vol. 57(8), pages 1714-1732, June.
    16. Alan, S. & Crossley, T. & Low, H., 2012. "Saving on a Rainy Day, Borrowing for a Rainy Day," Cambridge Working Papers in Economics 1222, Faculty of Economics, University of Cambridge.
    17. Cronin, David & McQuinn, Kieran, 2021. "Labour market fluctuations and the housing net worth channel in the EU," Papers WP709, Economic and Social Research Institute (ESRI).
    18. Alberto Montagnoli & Mirko Moro, 2018. "The Cost of Banking Crises: New Evidence from Life Satisfaction Data," Kyklos, Wiley Blackwell, vol. 71(2), pages 279-309, May.
    19. R. Bottazzi & S. Trucchi & M. Wakefield, 2017. "Wealth Effects and the Consumption of Italian Households in the Great Recession," Working Papers wp1097, Dipartimento Scienze Economiche, Universita' di Bologna.
    20. Vasileios Karaferis & Tatiana Kirsanova & Campbell Leith, 2024. "Equity versus Efficiency: Optimal Monetary and Fiscal Policy in a HANK Economy," Working Papers 2024_11, Business School - Economics, University of Glasgow.
    21. Sebastian Devlin-Foltz & John Edward Sabelhaus, 2015. "Heterogeneity in Economic Shocks and Household Spending," Finance and Economics Discussion Series 2015-49, Board of Governors of the Federal Reserve System (U.S.).
    22. Renata Bottazzi & Serena Trucchi & Matthew Wakefield, 2017. "Labour supply responses to financial wealth shocks: evidence from Italy," IFS Working Papers W17/29, Institute for Fiscal Studies.
    23. McCarthy, Yvonne & McQuinn, Kieran, 2016. "Attenuation Bias, Recall Error and the Housing Wealth Effect," Papers RB2016/3/8, Economic and Social Research Institute (ESRI).
    24. Brenner, Lukas & Meyll, Tobias & Stolper, Oscar & Walter, Andreas, 2020. "Consumer fraud victimization and financial well-being," Journal of Economic Psychology, Elsevier, vol. 76(C).
    25. Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli & Luigi Pistaferri & Maarten van Rooij, 2019. "Wealth Shocks and MPC Heterogeneity," CSEF Working Papers 531, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    26. Bertrand Garbinti & Pierre Lamarche & Charlélie Lecanu & Frédérique Savignac, 2020. "Wealth effect on consumption during the sovereign debt crisis: Households heterogeneity in the Euro area," Working papers 751, Banque de France.
    27. Adi Pierewan & Gindo Tampubolon, 2014. "Internet Use and Well-Being Before and During the Crisis in Europe," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 119(2), pages 647-662, November.
    28. Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli & Maarten van Rooij, 2020. "Consumption Uncertainty and Precautionary Saving," The Review of Economics and Statistics, MIT Press, vol. 102(1), pages 148-161, March.
    29. James Banks & Rowena Crawford & Thomas Crossley & Carl Emmerson, 2012. "The effect of the financial crisis on older households in England," IFS Working Papers W12/09, Institute for Fiscal Studies.
    30. Ruben Tarne & Dirk Bezemer & Thomas Theobald, 2021. "The Effect of borrower-specific Loan-to-Value policies on household debt, wealth inequality and consumption volatility," FMM Working Paper 70-2021, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    31. Kieran McQuinn & Teresa Monteiro & Conor O’Toole, 2021. "House Price Expectations, Labour Market Developments and the House Price to Rent Ratio: A User Cost of Capital Approach," The Journal of Real Estate Finance and Economics, Springer, vol. 62(1), pages 25-47, January.
    32. Moll, Benjamin & Fagereng, Andreas & Blomhoff Holm, Martin & Natvik, Gisle James, 2020. "Saving Behavior Across the Wealth Distribution: The Importance of Capital Gains," CEPR Discussion Papers 14355, C.E.P.R. Discussion Papers.
    33. McCarthy, Yvonne & McQuinn, Kieran, 2014. "Deleveraging in a highly indebted property market: Who does it and are there implications for household consumption?," Research Technical Papers 05/RT/14, Central Bank of Ireland.
    34. McCarthy, Yvonne & McQuinn, Kieran, 2013. "Price expectations, distressed mortgage markets and the housing wealth effect," Research Technical Papers 06/RT/13, Central Bank of Ireland.
    35. Ali Alichi & Mr. Kory Kantenga & Mr. Juan Sole, 2016. "Income Polarization in the United States," IMF Working Papers 2016/121, International Monetary Fund.
    36. Marco Angrisani & Michael D. Hurd & Susann Rohwedder, 2015. "The Effect of Housing and Stock Wealth Losses on Spending in the Great Recession," Working Papers WR-1101, RAND Corporation.
    37. Guerrieri, Cinzia & Mendicino, Caterina, 2018. "Wealth effects in the euro area," Working Paper Series 2157, European Central Bank.
    38. Bence Bardóczy & Jae W. Sim & Andreas Tischbirek, 2024. "The Macroeconomic Effects of Excess Savings," Finance and Economics Discussion Series 2024-062, Board of Governors of the Federal Reserve System (U.S.).
    39. Adél Bosch & Matthew W. Clance & Steven F. Koch, 2021. "Household debt and consumption dynamics: A non-developed world view following the ï¬ nancial crisis," Working Papers 868, Economic Research Southern Africa.
    40. Masahiro HORI & Takeshi NIIZEKI, 2017. "Housing Wealth Effects in Japan: Evidence Based on Household Micro Data," ESRI Discussion paper series 339, Economic and Social Research Institute (ESRI).
    41. Jie Chen & William Hardin & Mingzhi Hu, 2020. "Housing, Wealth, Income and Consumption: China and Homeownership Heterogeneity," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 48(2), pages 373-405, June.
    42. Xiaoqin Sun & Yuhai Su & Honglei Liu & Chengyou Li, 2022. "The Impact of House Price on Urban Household Consumption: Micro Evidence from China," Sustainability, MDPI, vol. 14(19), pages 1-20, October.
    43. Dimitrios Sideris & Georgia Pavlou, 2021. "Disaggregate income and wealth effects on private consumption in Greece," Working Papers 293, Bank of Greece.
    44. Schneider, William & Waldfogel, Jane & Brooks-Gunn, Jeanne, 2017. "The Great Recession and risk for child abuse and neglect," Children and Youth Services Review, Elsevier, vol. 72(C), pages 71-81.
    45. Crossley, Thomas F. & Levell, Peter & Low, Hamish, 2024. "House price rises and borrowing to invest," Journal of Economic Behavior & Organization, Elsevier, vol. 223(C), pages 86-105.
    46. Luc Bissonnette & Arthur van Soest, 2015. "The Financial Crisis and Consumers' Income and Pension Expectations," Cahiers de recherche 1502, Chaire de recherche Industrielle Alliance sur les enjeux économiques des changements démographiques.
    47. James (Jim) C. MacGee & Thomas Michael Pugh & Kurt See, 2020. "The Heterogeneous Effects of COVID-19 on Canadian Household Consumption, Debt and Savings," Staff Working Papers 20-51, Bank of Canada.
    48. Cronin, David & McQuinn, Kieran, 2021. "Household consumption and the housing net worth channel in Ireland," Papers WP710, Economic and Social Research Institute (ESRI).
    49. de Bresser, Jochem & Kools, Lieke & Knoef, Marike, 2019. "Cutting one’s coat according to one’s cloth : How did the Great Recession affect retirement resources and expenditure goals?," Other publications TiSEM 9415a8f7-182f-4675-893e-c, Tilburg University, School of Economics and Management.
    50. Holger Mueller & Constantine Yannelis, 2022. "Increasing Enrollment in Income‐Driven Student Loan Repayment Plans: Evidence from the Navient Field Experiment," Journal of Finance, American Finance Association, vol. 77(1), pages 367-402, February.
    51. Yulei Luo & Jun Nie & Penghui Yin, 2022. "Attention Allocation and Heterogenous Consumption Responses," Research Working Paper RWP 22-07, Federal Reserve Bank of Kansas City.
    52. Thomas Crossley & Paul Fisher & Peter Levell & Hamish Low, 2021. "MPCs in an economic crisis: spending, saving and private transfers," IFS Working Papers W21/26, Institute for Fiscal Studies.
    53. Mika Akesaka & Ryo Mikami & Yoshiyasu Ono, 2024. "Insatiable Wealth Preference: Evidence from Japanese Household Survey," ISER Discussion Paper 1241rr, Institute of Social and Economic Research, Osaka University, revised Oct 2024.
    54. Arrondel, Luc & Lamarche, Pierre & Savignac, Frédérique, 2019. "Does inequality matter for the consumption-wealth channel? Empirical evidence," European Economic Review, Elsevier, vol. 111(C), pages 139-165.
    55. Da Silva, António Dias & Rusinova, Desislava & Weißler, Marco, 2023. "Consumption effects of job loss expectations: new evidence for the euro area," Working Paper Series 2817, European Central Bank.
    56. Niizeki, Takeshi & Hori, Masahiro, 2019. "The effect of inheritance receipt on individual labor supply: Evidence from Japanese microdata," Japan and the World Economy, Elsevier, vol. 49(C), pages 176-186.
    57. Neri, Andrea & Rondinelli, Concetta & Scoccianti, Filippo, 2017. "Household spending out of a tax rebate: Italian “€80 tax bonus”," Working Paper Series 2099, European Central Bank.
    58. Sørensen, Bent E & Hryshko, Dmytro & Luengo-Prado, Maria & Demyanyk, Yuliya, 2017. "The Rise and Fall of Consumption in the '00s. A Tangled Tale," CEPR Discussion Papers 12522, C.E.P.R. Discussion Papers.
    59. Marco Guerrazzi, 2015. "Animal spirits, investment and unemployment: An old Keynesian view of the Great Recession," Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 16(3), pages 343-358.
    60. Batinti, Alberto & Costa-Font, Joan, 2019. "Do economic recessions ‘squeeze the middle-class’?," LSE Research Online Documents on Economics 100930, London School of Economics and Political Science, LSE Library.
    61. Sena Durguner, 2018. "Variations in farm consumption and their relationship to income: an empirical investigation of Illinois farm households," Applied Economics, Taylor & Francis Journals, vol. 50(9), pages 990-1005, February.
    62. Luis Ayala & Javier Martín-Román & Carolina Navarro, 2022. "Unemployment Shocks and Material Deprivation in the European Union: A Synthetic Control Approach," Working Papers 603, ECINEQ, Society for the Study of Economic Inequality.
    63. Julie Zissimopoulos & Johanna Thunell & Stipica Mudrazija, 2020. "Parental Income and Wealth Loss and Transfers to Their Young Adult Children," Journal of Family and Economic Issues, Springer, vol. 41(2), pages 316-331, June.
    64. Gabrielle Penrose & Gianni La Cava, 2021. "Job Loss, Subjective Expectations and Household Spending," RBA Research Discussion Papers rdp2021-08, Reserve Bank of Australia.
    65. Zang, Xuheng & Feng, Jiankang & Song, Mingyue, 2024. "The impact of air pollution on household vulnerability to poverty: An empirical study from household data in China," Economic Analysis and Policy, Elsevier, vol. 82(C), pages 1369-1383.
    66. Renata Bottazzi & Serena Trucchi & Matthew Wakefield, 2020. "Consumption Responses to a Large Shock to Financial Wealth: Evidence from Italy," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(2), pages 762-789, April.
    67. Lu Zhang, 2019. "Do house prices matter for household consumption?," CPB Discussion Paper 396, CPB Netherlands Bureau for Economic Policy Analysis.
    68. Guin, Benjamin, 2017. "Culture and household saving," Working Paper Series 2069, European Central Bank.
    69. Atalay, Kadir & Edwards, Rebecca, 2022. "House prices, housing wealth and financial well-being," Journal of Urban Economics, Elsevier, vol. 129(C).
    70. Tarne, Ruben & Bezemer, Dirk & Theobald, Thomas, 2022. "The effect of borrower-specific loan-to-value policies on household debt, wealth inequality and consumption volatility: An agent-based analysis," Journal of Economic Dynamics and Control, Elsevier, vol. 144(C).
    71. Andrea Neri & Concetta Rondinelli & Filippo Scoccianti, 2017. "Household spending out of a tax rebate: Italian ��80 tax bonus�," Questioni di Economia e Finanza (Occasional Papers) 379, Bank of Italy, Economic Research and International Relations Area.
    72. Apostolos Fasianos & Reamonn Lydon, 2022. "Do households with debt cut back their consumption more? New evidence from the United Kingdom," Bulletin of Economic Research, Wiley Blackwell, vol. 74(3), pages 737-760, July.
    73. Brown, Martin, 2013. "The transmission of banking crises to households : lessons from the 2008-2011 crises in the ECA region," Policy Research Working Paper Series 6528, The World Bank.
    74. Levenko, Natalia, 2020. "Perceived uncertainty as a key driver of household saving," International Review of Economics & Finance, Elsevier, vol. 65(C), pages 126-145.
    75. de Bresser, Jochem & Knoef, Marike & Kools, Lieke, 2021. "Cutting one’s coat according to one’s cloth – How did the great recession affect retirement resources and expenditure goals?," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 126-166.
    76. Adema, Yvonne & Pozzi, Lorenzo, 2015. "Business cycle fluctuations and household saving in OECD countries: A panel data analysis," European Economic Review, Elsevier, vol. 79(C), pages 214-233.
    77. Ersi Athanassiou & Ekaterini Tsouma, 2017. "Financial and Housing Wealth Effects on Private Consumption: The Case of Greece," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 15(1), pages 63-86.
    78. Ghiaie Hamed, 2020. "Shadow Bank Run, Housing and Credit Market: The Story of a Recession," The B.E. Journal of Macroeconomics, De Gruyter, vol. 20(2), pages 1-30, June.
    79. William Elming & Andreas Ermler, 2016. "Housing equity, saving and debt dynamics over the Great Recession," IFS Working Papers W16/12, Institute for Fiscal Studies.
    80. Hall, James & Goranitis, Ilias & Kigozi, Jesse & Guariglia, Alessandra, 2021. "New evidence on the impact of the Great Recession on health-compromising behaviours," Economics & Human Biology, Elsevier, vol. 41(C).
    81. Mairead Roiste & Apostolos Fasianos & Robert Kirkby & Fang Yao, 2021. "Are Housing Wealth Effects Asymmetric in Booms and Busts?," The Journal of Real Estate Finance and Economics, Springer, vol. 62(4), pages 578-628, May.
    82. Struckell, Elisabeth M. & Patel, Pankaj C. & Ojha, Divesh & Oghazi, Pejvak, 2022. "Financial literacy and self employment – The moderating effect of gender and race," Journal of Business Research, Elsevier, vol. 139(C), pages 639-653.
    83. Stephanie Moulton & Yung Chun & Stephanie Casey Pierce & Roberto Quercia & Sarah Riley & Holly Holtzen, 2022. "Does Temporary Mortgage Assistance for Unemployed Homeowners Reduce Longer‐Term Mortgage Default? An Analysis of the Hardest Hit Fund Program," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 41(2), pages 515-551, March.

  29. Christelis, Dimitris & Georgarakos, Dimitris & Sanz-de-Galdeano, Anna, 2014. "The Impact of Health Insurance on Stockholding: A Regression Discontinuity Approach," IZA Discussion Papers 8635, Institute of Labor Economics (IZA).

    Cited by:

    1. Angrisani, Marco & Atella, Vincenzo & Brunetti, Marianna, 2018. "Public health insurance and household portfolio Choices: Unravelling financial “Side Effects” of Medicare," Journal of Banking & Finance, Elsevier, vol. 93(C), pages 198-212.
    2. Padmaja Ayyagari & Daifeng He, 2017. "The Role of Medical Expenditure Risk in Portfolio Allocation Decisions," Health Economics, John Wiley & Sons, Ltd., vol. 26(11), pages 1447-1458, November.
    3. Dal Borgo Mariela, 2021. "Do Bankruptcy Protection Levels Affect Households' Demand for Stocks?," Working Papers 2021-03, Banco de México.
    4. Li, Jingrong & Mi, Xinyu & Zhang, Chenlei & Qin, Yanran, 2024. "Social pension insurance and household risky asset investment: Evidence from China," The Quarterly Review of Economics and Finance, Elsevier, vol. 95(C), pages 219-233.
    5. Christelis, Dimitris & Georgarakos, Dimitris & Sanz-de-Galdeano, Anna, 2014. "The Impact of Health Insurance on Stockholding: A Regression Discontinuity Approach," IZA Discussion Papers 8635, Institute of Labor Economics (IZA).
    6. Inmaculada Aguiar-Díaz & María Victoria Ruiz-Mallorqui, 2022. "Private Health Insurance and Financial Risk Taking in Spain—The Moderating Effect of Subjective Risk Tolerance," IJERPH, MDPI, vol. 19(23), pages 1-13, December.
    7. Liu, Kai & Prommawin, Benjapon & Schroyen, Fred, 2024. "Health insurance, agricultural production and investments," Journal of Health Economics, Elsevier, vol. 97(C).
    8. Panchalingam, Thadchaigeni, 2020. "Effects of Public Health Insurance Expansions on Consumption Expenditures of Targeted Households," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304513, Agricultural and Applied Economics Association.
    9. Zhongda Li & Lu Liu & Jiayu Shi & Yubing Sui, 2021. "Health insurance, risk attitudes, and household financial behavior," Health Economics, John Wiley & Sons, Ltd., vol. 30(5), pages 1239-1246, May.
    10. Zhang, Weike & Meng, Jia & Tian, Xiaoli, 2020. "Does de-capacity policy enhance the total factor productivity of China's coal companies? A Regression Discontinuity design," Resources Policy, Elsevier, vol. 68(C).
    11. Takao Asano & Yusuke Osaki, 2022. "Precautionary Saving against Correlation under Risk and Ambiguity," KIER Working Papers 1071, Kyoto University, Institute of Economic Research.
    12. Wang, Tao & Chen, Zhiping, 2024. "Optimal portfolio and insurance strategy with biometric risks, habit formation and smooth ambiguity," Insurance: Mathematics and Economics, Elsevier, vol. 118(C), pages 195-222.

  30. Haliassos, Michael & Georgarakos, Dimitris & Pasini, Giacomo, 2012. "Household Debt and Social Interactions," CEPR Discussion Papers 9238, C.E.P.R. Discussion Papers.

    Cited by:

    1. Moritz Drechsel-Grau & Fabian Greimel, 2020. "Falling Behind: Has Rising Inequality Fueled the American Debt Boom?," CRC TR 224 Discussion Paper Series crctr224_2020_159v2, University of Bonn and University of Mannheim, Germany.
    2. Cristian Badarinza, 2019. "Mortgage Debt and Social Externalities," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 34, pages 43-60, October.
    3. David Loschiavo, 2021. "Household debt and income inequality: Evidence from Italian survey data," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 67(1), pages 61-103, March.
    4. Lee, Boram & Rosenthal, Leonard & Veld, Chris & Veld-Merkoulova, Yulia, 2015. "Stock market expectations and risk aversion of individual investors," International Review of Financial Analysis, Elsevier, vol. 40(C), pages 122-131.
    5. Haliassos, Michael & Fuchs-Schündeln, Nicola, 2015. "Does Product Familiarity Matter for Participation?," CEPR Discussion Papers 10632, C.E.P.R. Discussion Papers.
    6. Haliassos, Michael & Jansson, Thomas & Karabulut, Yigitcan, 2022. "Wealth Inequality: Opportunity or Unfairness?," CEPR Discussion Papers 17237, C.E.P.R. Discussion Papers.
    7. Edward Chi Ho Tang & Charles Ka Yui Leung, 2024. "Icing on the cake: Can the Top-Floor Units serve as a status good and an investment simultaneously?," ISER Discussion Paper 1252, Institute of Social and Economic Research, Osaka University.
    8. Carin Cruijsen & Frank Horst, 2019. "Cash or Card? Unravelling the Role of Socio-Psychological Factors," De Economist, Springer, vol. 167(2), pages 145-175, June.
    9. Arrondel, Luc & Calvo Pardo, Héctor & Giannitsarou, Chryssi & Haliassos, Michael, 2022. "Informative Social Interactions," CEPR Discussion Papers 14840, C.E.P.R. Discussion Papers.
    10. Amrei Lahno & Marta Serra-Garcia, 2015. "Peer effects in risk taking: Envy or conformity?," Journal of Risk and Uncertainty, Springer, vol. 50(1), pages 73-95, February.
    11. Stefan Jestl, 2019. "The Impact of Income Inequality on Household Indebtedness in Euro Area Countries," wiiw Working Papers 173, The Vienna Institute for International Economic Studies, wiiw.
    12. Grohmann, Antonia Charlotte & Sakha, Sahra, 2015. "The Effect of Peer Observation on the Consumption of Temptation Goods: Experimental Evidence," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113084, Verein für Socialpolitik / German Economic Association.
    13. Kim Kaivanto, 2014. "Visceral emotions, within-community communication, and (ill-judged) endorsement of financial propositions," Working Papers 69123498, Lancaster University Management School, Economics Department.
    14. Brown, Sarah & Ghosh, Pulak & Taylor, Karl, 2014. "Household Finances and Social Interaction: Bayesian Analysis of Household Panel Data," IZA Discussion Papers 8301, Institute of Labor Economics (IZA).
    15. Michael Haliassos & Thomas Jansson & Yigitcan Karabulut & Lauren Cohen, 2020. "Financial Literacy Externalities," The Review of Financial Studies, Society for Financial Studies, vol. 33(2), pages 950-989.
    16. Elena Lagomarsino & Alessandro Spiganti, 2020. "No gain in pain: psychological well-being, participation, and wages in the BHPS," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 21(9), pages 1375-1389, December.
    17. Salvatore Morelli & Anthony Atkinson, 2015. "Inequality and crises revisited," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 32(1), pages 31-51, April.
    18. Basak, Suleyman & Makarov, Dmitry & Shapiro, Alex & Subrahmanyam, Marti, 2020. "Security design with status concerns," Journal of Economic Dynamics and Control, Elsevier, vol. 118(C).
    19. Quintana-Domeque, Climent & Wohlfart, Johannes, 2016. "“Relative concerns for consumption at the top”: An intertemporal analysis for the UK," Journal of Economic Behavior & Organization, Elsevier, vol. 129(C), pages 172-194.
    20. Song, Yang & Wu, Weixing & Zhou, Guangsu, 2020. "Inequality of opportunity and household risky asset investment: Evidence from panel data in China," China Economic Review, Elsevier, vol. 63(C).
    21. Kwan Ok Lee & Masaki Mori, 2021. "Conspicuous consumption and household indebtedness," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 49(S2), pages 557-586, September.
    22. Lahno, Amrei M. & Serra-Garcia, Marta, 2012. "Peer Effects in Risk Taking," Discussion Papers in Economics 14309, University of Munich, Department of Economics.
    23. Bucher-Koenen, Tabea & Lamla, Bettina, 2014. "The Long Shadow of Socialism: On East-West German Differences in Financial Literacy," MEA discussion paper series 201405, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    24. Gomes, Francisco J. & Haliassos, Michael & Ramadorai, Tarun, 2020. "Household finance," IMFS Working Paper Series 138, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
    25. van der Cruijsen, Carin & Diepstraten, Maaike, 2017. "Banking products : You can take them with you, so why don't you?," Other publications TiSEM a085788f-bc7d-4f5c-8a8c-5, Tilburg University, School of Economics and Management.
    26. Antonia Grohmann & Sahra Sakha, 2015. "The Effect of Peer Observation on Consumption Choices: Experimental Evidence," Discussion Papers of DIW Berlin 1525, DIW Berlin, German Institute for Economic Research.
    27. Sumit Agarwal & Vyacheslav Mikhed & Barry Scholnick, 2016. "Does inequality cause financial distress? Evidence from lottery winners and neighboring bankruptcies," Working Papers 16-4, Federal Reserve Bank of Philadelphia.
    28. Li, Linyang, 2018. "Financial inclusion and poverty: The role of relative income," China Economic Review, Elsevier, vol. 52(C), pages 165-191.
    29. Haliassos, Michalis & Jansson, Thomas & Karabulut, Yigitcan, 2015. "Incompatible European partners? Cultural predispositions and household financial behavior," SAFE Working Paper Series 58, Leibniz Institute for Financial Research SAFE, revised 2015.
    30. Amrei M. Lahno & Marta Serra-Garcia, 2012. "Peer Effects in Risk Taking," CESifo Working Paper Series 4057, CESifo.
    31. Theresa Kuchler & Johannes Stroebel, 2021. "Social Finance," Annual Review of Financial Economics, Annual Reviews, vol. 13(1), pages 37-55, November.
    32. Nikolaos Mylonidis & Lefkothea-Georgia Oikonomou, 2021. "Tracing the impact of peers on households’ economic behavior," Economic Change and Restructuring, Springer, vol. 54(3), pages 655-681, August.
    33. Berlemann, Michael & Salland, Jan, 2016. "The Joneses’ income and debt market participation: Empirical evidence from bank account data," Economics Letters, Elsevier, vol. 142(C), pages 6-9.
    34. Al-Hussami, Fares & Remesal, Álvaro Martín, 2012. "Current account imbalances and income inequality: Theory and evidence," Kiel Advanced Studies Working Papers 459, Kiel Institute for the World Economy (IfW Kiel).
    35. Jian Li & Alexis Meyer‐Cirkel, 2021. "Promoting financial literacy through a digital platform: A pilot study in Luxembourg," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(1), pages 73-87, January.
    36. Lusardi, Annamaria & Almenberg, Johan & Säve-Söderbergh, Jenny & Vestman, Roine, 2020. "Attitudes Toward Debt and Debt Behavior," CEPR Discussion Papers 14801, C.E.P.R. Discussion Papers.
    37. Bing Han & David Hirshleifer & Johan Walden, 2019. "Visibility Bias in the Transmission of Consumption Beliefs and Undersaving," NBER Working Papers 25566, National Bureau of Economic Research, Inc.
    38. Lim, Sung Soo & Bone, Matthew, 2022. "Optimism, debt accumulation, and business growth," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 97(C).
    39. Gaganis, Chrysovalantis & Hasan, Iftekhar & Pasiouras, Fotios, 2020. "National culture and housing credit," Journal of Empirical Finance, Elsevier, vol. 56(C), pages 19-41.
    40. Roth, Paula, 2020. "Inequality, Relative Deprivation and Financial Distress: Evidence from Swedish Register Data," Working Paper Series 1374, Research Institute of Industrial Economics.
    41. Ding, Yibing & Li, Jing & Song, Yang & Sahut, Jean-Michel, 2024. "How does the cross-border M&A network affect digital innovation? Empirical evidence from Chinese listed companies," Research in International Business and Finance, Elsevier, vol. 70(PB).
    42. Amit K. Srivastava & Rajhans Mishra, 2023. "Analyzing Social Media Research: A Data Quality and Research Reproducibility Perspective," IIM Kozhikode Society & Management Review, , vol. 12(1), pages 39-49, January.
    43. Diepstraten, Maaike & van der Cruijsen, Carin, 2019. "To stay or go? Consumer bank switching behaviour after government interventions," Journal of Banking & Finance, Elsevier, vol. 106(C), pages 16-33.
    44. Michael Berlemann & Marc-André Luik, 2014. "Institutional Reform and Depositors' Portfolio Choice - Evidence from Censored Quantile Regressions," CESifo Working Paper Series 4782, CESifo.
    45. Apostolos Fasianos & Hamid Raza & Stephen Kinsella, 2017. "Exploring the link between household debt and income inequality: an asymmetric approach," Applied Economics Letters, Taylor & Francis Journals, vol. 24(6), pages 404-409, March.
    46. Guin, Benjamin, 2017. "Culture and household saving," Working Paper Series 2069, European Central Bank.
    47. Anastasia Girshina & Thomas Y. Mathä & Michael Ziegelmeyer, 2019. "Peer effects in stock market participation: Evidence from immigration," BCL working papers 137, Central Bank of Luxembourg.
    48. Elena Lagomarsino & Alessandro Spiganti, 2023. "Risk Aversion and the Size of Desired Debt," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 9(1), pages 369-396, March.
    49. Luca Zanin, 2016. "On Italian Households’ Economic Inadequacy Using Quali-Quantitative Measures," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 128(1), pages 59-88, August.
    50. Andreas Kern & Puspa Amri, 2021. "Political credit cycles," Economics and Politics, Wiley Blackwell, vol. 33(1), pages 76-108, March.
    51. Pan, Wei-Fong, 2023. "Household debt in the times of populism," Journal of Economic Behavior & Organization, Elsevier, vol. 205(C), pages 202-215.
    52. Liang, Quanxi & Li, Qiumei & Lu, Meiting & Shan, Yaowen, 2021. "Industry and geographic peer effects on corporate tax avoidance: Evidence from China," Pacific-Basin Finance Journal, Elsevier, vol. 67(C).
    53. Bashir Ahmad Joo & Simtiha Ishaq Mir, 2024. "Evolution of the Household Debt Narrative: A PRISMA-compliant Systematic Literature Review," Paradigm, , vol. 28(1), pages 84-100, June.
    54. Agnieszka Strzelecka & Danuta Zawadzka, 2020. "Why Households Borrow Money? Socio-Economic Factors Affecting Households Debts: A Model Approach," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 2), pages 820-839.
    55. Xiaoqing Zhou, 2022. "Financial Technology and the Transmission of Monetary Policy: The Role of Social Networks," Working Papers 2203, Federal Reserve Bank of Dallas, revised 14 Feb 2023.
    56. Fuchs-Schündeln, Nicola & Haliassos, Michael, 2021. "Participation following sudden access," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 671-688.
    57. Chaliasos, Michael & Jansson, Thomas & Karabulut, Yigitcan, 2018. "Financial literacy externalities," IMFS Working Paper Series 127, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
    58. Mark J. Browne & Annette Hofmann & Andreas Richter & Sophie-Madeleine Roth & Petra Steinorth, 2021. "Peer effects in risk preferences: Evidence from Germany," Annals of Operations Research, Springer, vol. 299(1), pages 1129-1163, April.
    59. Jan Behringer & Lukas Endres & Till van Treeck, 2023. "Income inequality, household consumption and status competition in Germany," IMK Working Paper 219-2023, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    60. Chichaibelu, Bezawit Beyene & Waibel, Hermann, 2018. "Over-indebtedness and its persistence in rural households in Thailand and Vietnam," Journal of Asian Economics, Elsevier, vol. 56(C), pages 1-23.
    61. Massimiliano Affinito & Raffaele Santioni & Luca Tomassetti, 2023. "Inside household debt: disentangling mortgages and consumer credit, and household and bank factors. Evidence from Italy," Questioni di Economia e Finanza (Occasional Papers) 788, Bank of Italy, Economic Research and International Relations Area.
    62. Jie Cao & Hao Liang & Xintong Zhan, 2019. "Peer Effects of Corporate Social Responsibility," Management Science, INFORMS, vol. 65(12), pages 5487-5503, December.
    63. Sara Fernández‐López & Marcos Álvarez‐Espiño & Lucía Rey‐Ares & Sandra Castro‐González, 2024. "Consumer financial vulnerability: Review, synthesis, and future research agenda," Journal of Economic Surveys, Wiley Blackwell, vol. 38(4), pages 1045-1084, September.
    64. Agarwal, Sumit & Chomsisengphet, Souphala & Meier, Stephan & Zou, Xin, 2020. "In the mood to consume: Effect of sunshine on credit card spending," Journal of Banking & Finance, Elsevier, vol. 121(C).

  31. Dimitris Georgarakos & Roman Inderst, 2011. "Financial Advice and Stock Market Participation," BCL working papers 51, Central Bank of Luxembourg.

    Cited by:

    1. Julie R. Agnew & Hazel Bateman & Christine Eckert & Fedor Iskhakov & Jordan Louviere & Susan Thorp, 2018. "First Impressions Matter: An Experimental Investigation of Online Financial Advice," Management Science, INFORMS, vol. 64(1), pages 288-307, January.
    2. Felix Holzmeister & Martin Holmén & Michael Kirchler & Matthias Stefan & Erik Wengström, 2019. "Delegation Decisions in Finance," Working Papers 2019-21, Faculty of Economics and Statistics, Universität Innsbruck.
    3. John Chalmers & Jonathan Reuter, 2012. "Is Conflicted Investment Advice Better than No Advice?," NBER Working Papers 18158, National Bureau of Economic Research, Inc.
    4. Bucher-Koenen, Tabea & Koenen, Johannes, 2015. "Do Seemingly Smarter Consumers Get Better Advice?," MEA discussion paper series 201501, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    5. Gennaioli, Nicola & Shleifer, Andrei & Vishny, Robert W., 2014. "Money Doctors," Scholarly Articles 12965657, Harvard University Department of Economics.
      • Nicola Gennaioli & Andrei Shleifer & Robert W. Vishny, 2012. "Money Doctors," NBER Working Papers 18174, National Bureau of Economic Research, Inc.
      • Nicola Gennaioli & Andrei Shleifer & Robert Vishny, 2012. "Money Doctors," Working Papers 464, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
      • Nicola Gennaioli & Andrei Shleifer & Robert Vishny, "undated". "Money Doctors," Working Paper 228501, Harvard University OpenScholar.
      • Nicola Gennaioli & Andrei Shleifer & Robert Vishny, 2015. "Money Doctors," Journal of Finance, American Finance Association, vol. 70(1), pages 91-114, February.
      • Nicola Gennaioli & Andrei Shleifer & Robert Vishny, "undated". "Money Doctors," Working Paper 69721, Harvard University OpenScholar.
      • Nicola Gennaioli & Andrei Shleifer & Robert Vishny, 2012. "Money doctors," Economics Working Papers 1355, Department of Economics and Business, Universitat Pompeu Fabra.
    6. Xu Cui & Jing Jian Xiao & Jingtao Yi, 2019. "Employment Type, Residential Status And Consumer Financial Capability: Evidence From China Household Finance Survey," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 64(01), pages 57-81, March.
    7. Guiso, Luigi, 2012. "Household Finance: An Emerging Field," CEPR Discussion Papers 8934, C.E.P.R. Discussion Papers.
    8. Shin, Su Hyun & Kim, Kyoung Tae & Seay, Martin, 2020. "Sources of information and portfolio allocation," Journal of Economic Psychology, Elsevier, vol. 76(C).
    9. Fort, Margherita & Manaresi, Francesco & Trucchi, Serena, 2012. "Banks Information Policies, Financial Literacy and Household Wealth," IZA Discussion Papers 6989, Institute of Labor Economics (IZA).
    10. Andreas Fagereng & Luigi Guiso & Luigi Pistaferri, 2016. "Back to Background Risk," EIEF Working Papers Series 1602, Einaudi Institute for Economics and Finance (EIEF), revised Jan 2016.
    11. Gutsche, Gunnar & Wetzel, Heike & Ziegler, Andreas, 2023. "Determinants of individual sustainable investment behavior - A framed field experiment," Journal of Economic Behavior & Organization, Elsevier, vol. 209(C), pages 491-508.
    12. Massa, Massimo & Zhang, Jian & ,, 2015. "Investing in Low-Trust Countries: Trust in the Global Mutual Fund Industry," CEPR Discussion Papers 10472, C.E.P.R. Discussion Papers.
    13. Calcagno, Riccardo & Monticone, Chiara, 2015. "Financial literacy and the demand for financial advice," Journal of Banking & Finance, Elsevier, vol. 50(C), pages 363-380.
    14. Giofré, Maela, 2015. "Financial Education, Investor Protection and International Portfolio Diversification," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201547, University of Turin.
    15. Zhong Chu & Zhengwei Wang & Jing Jian Xiao & Weiqiang Zhang, 2017. "Financial Literacy, Portfolio Choice and Financial Well-Being," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 132(2), pages 799-820, June.
    16. Salvatore Piccolo & Giovanni W. Puopolo & Luis Vasconcelos, 2013. "Non-Exclusive Financial Advice," CSEF Working Papers 347, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 13 Oct 2015.
    17. Massa, Massimo & li, zhe & xu, niahang & Zhang, Hong, 2016. "The Impact of Sin Culture: Evidence from Earning Management and Alcohol Consumption in China," CEPR Discussion Papers 11475, C.E.P.R. Discussion Papers.
    18. Hermansson, Cecilia & Jonsson, Sara & Liu, Lu, 2022. "The medium is the message: Learning channels, financial literacy, and stock market participation," International Review of Financial Analysis, Elsevier, vol. 79(C).
    19. Fatih B. GUMUS & Yusuf DAYIOGLU, 2015. "An Analysis on The Socio-Economic and Demographic Factors That Have an Effect on The Risk Taking Preferences of Personal Investors," International Journal of Economics and Financial Issues, Econjournals, vol. 5(1), pages 136-147.
    20. Fujiki, Hiroshi, 2020. "Are the actual and intended sources of financial knowledge the same? Evidence from Japan," Japan and the World Economy, Elsevier, vol. 55(C).
    21. Riccardo Calcagno & Maela Giofré & Maria Cesira Urzi-Brancati, 2017. "To trust is good, but to control is better : How investors discipline financial advisors’ activity," Post-Print hal-02312048, HAL.
    22. Guo, Fusen & Li, Feng & Lu, Xiaomeng, 2024. "Does financial advisors improve portfolio efficiency for individual investors? Evidence from large-scale microdata," International Review of Economics & Finance, Elsevier, vol. 91(C), pages 400-412.
    23. Tahmina Akhter & Mohammad Enamul Hoque, 2022. "Moderating Effects of Financial Cognitive Abilities and Considerations on the Attitude–Intentions Nexus of Stock Market Participation," IJFS, MDPI, vol. 10(1), pages 1-21, January.
    24. Reiter-Gavish, Liron & Qadan, Mahmoud & Yagil, Joseph, 2021. "Financial advice: Who Exactly Follows It?," Research in Economics, Elsevier, vol. 75(3), pages 244-258.
    25. Bellofatto, Anthony & Broihanne, Marie-Hélène & D'Hondt, Catherine, 2019. "Appetite for information and trading behavior," LIDAM Discussion Papers LFIN 2019002, Université catholique de Louvain, Louvain Finance (LFIN).
    26. Duraj, Kamila & Grunow, Daniela & Chaliasos, Michael & Laudenbach, Christine & Siegel, Stephan, 2024. "Rethinking the stock market participation puzzle: A qualitative approach," IMFS Working Paper Series 210, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
    27. Lee, Kiryoung, 2023. "Geopolitical risk and household stock market participation," Finance Research Letters, Elsevier, vol. 51(C).
    28. Kramer, Marc M., 2016. "Financial literacy, confidence and financial advice seeking," Journal of Economic Behavior & Organization, Elsevier, vol. 131(PA), pages 198-217.
    29. Zygimantas Mauricas & Valdone Darskuviene & Tamara Marinicevaite, 2017. "Stock Market Participation Puzzle In Emerging Economies: The Case Of Lithuania," Organizations and Markets in Emerging Economies, Faculty of Economics, Vilnius University, vol. 8(2).
    30. Hermansson, Cecilia & Song, Han-Suck, 2016. "Financial advisory services meetings and their impact on saving behavior – A difference-in-difference analysis," Journal of Retailing and Consumer Services, Elsevier, vol. 30(C), pages 131-139.
    31. Gutsche, Gunnar & Wetzel, Heike & Ziegler, Andreas, 2020. "How relevant are economic preferences and personality traits for individual sustainable investment behavior? A framed field experiment," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224542, Verein für Socialpolitik / German Economic Association.
    32. Eriksson, Kent & Hermansson, Cecilia & Jonsson, Sara, 2019. "The viability of the bank advisory service business model - effects of customers' trust, satisfaction and loyalty on client-level performance," Working Paper Series 19/4, Royal Institute of Technology, Department of Real Estate and Construction Management & Banking and Finance.
    33. Cruciani, Caterina & Gardenal, Gloria & Rigoni, Ugo, 2021. "Trust-formation processes in financial advisors: A structural equation model," The Quarterly Review of Economics and Finance, Elsevier, vol. 82(C), pages 185-199.
    34. Ibrahim D. Raheem & Kazeem B. Ajide & Xuan V. Vo, 2021. "The hype of social capital in the finance‐growth nexus," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 50(3), November.
    35. Panayiotis C. Andreou & Sofia Anyfantaki, 2019. "Financial literacy and its influence on consumers’ internet banking behaviour," Working Papers 275, Bank of Greece.
    36. Abdulkadir Abdulrashid Rafindadi, 2015. "Are the Contentious Issues of Exchange Rate Misalignment in Nigeria a Prelude to the Country's Currency Crisis?," International Journal of Economics and Financial Issues, Econjournals, vol. 5(3), pages 716-731.
    37. Hiroshi Fujiki, 2019. "Who needs guidance from a financial adviser? Evidence from Japan," Working Papers on Central Bank Communication 011, University of Tokyo, Graduate School of Economics.
    38. Linh Nguyen & Gerry Gallery & Cameron Newton, 2019. "The joint influence of financial risk perception and risk tolerance on individual investment decision‐making," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 59(S1), pages 747-771, April.
    39. Jeremy Burke & Angela A. Hung & Jack Clift & Steven Garber & Joanne K. Yoong, 2015. "Impacts of Conflicts of Interest in the Financial Services Industry," Working Papers WR-1076, RAND Corporation.
    40. Oscar A. Stolper & Andreas Walter, 2017. "Financial literacy, financial advice, and financial behavior," Journal of Business Economics, Springer, vol. 87(5), pages 581-643, July.
    41. Mazzoli, Camilla & Ferretti, Riccardo & Filotto, Umberto, 2024. "Financial literacy and financial advice seeking: Does product specificity matter?," The Quarterly Review of Economics and Finance, Elsevier, vol. 95(C), pages 98-110.
    42. Lu, Xiaomeng & Zhang, Yong & Zhang, Yixing & Wang, Lin, 2020. "Can investment advisors promote rational investment? Evidence from micro-data in China," Economic Modelling, Elsevier, vol. 86(C), pages 251-263.
    43. Andreas Fagereng & Luigi Guiso & Luigi Pistaferri, 2018. "Portfolio Choices, Firm Shocks, and Uninsurable Wage Risk," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 85(1), pages 437-474.
    44. Duraj, Kamila & Grunow, Daniela & Chaliasos, Michael & Laudenbach, Christine & Siegel, Stephan, 2024. "Rethinking the stock market participation puzzle: A qualitative approach," SAFE Working Paper Series 441, Leibniz Institute for Financial Research SAFE.
    45. Margherita Fort & Francesco Manaresi & Serena Trucchi, 2014. "Adults' Financial Literacy and Households' Financial Assets: The Role of Banks Information Policies," CESifo Working Paper Series 5047, CESifo.
    46. Ya-Fang Cheng & Eugene Burgos Mutuc & Fu-Sheng Tsai & Kun-Hwa Lu & Chien-Ho Lin, 2018. "Social Capital and Stock Market Participation via Technologies: The Role of Households’ Risk Attitude and Cognitive Ability," Sustainability, MDPI, vol. 10(6), pages 1-14, June.
    47. Barthel, Anne-Christine & Lei, Shan, 2021. "Investment in financial literacy and financial advice-seeking: Substitutes or complements?," The Quarterly Review of Economics and Finance, Elsevier, vol. 81(C), pages 385-396.
    48. Sendhil Mullainathan & Markus Noeth & Antoinette Schoar, 2012. "The Market for Financial Advice: An Audit Study," NBER Working Papers 17929, National Bureau of Economic Research, Inc.
    49. Caterina Cruciani & Gloria Gardenal & Ugo Rigoni, 2018. "Why do you trust me? A structural equation model of trustworthiness in financial advisory," Working Papers 08, Venice School of Management - Department of Management, Università Ca' Foscari Venezia.
    50. Gülen Karakoç & Marco Pagnozzi & Salvatore Piccolo & Giovanni W. Puopolo, 2020. "Information Acquisition and Financial Advice," CSEF Working Papers 587, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    51. Piera Bello, 2020. "Gender-based price discrimination in the annuity market: Evidence from Chile," IdEP Economic Papers 2002, USI Università della Svizzera italiana.
    52. Nowak, Carl Justus, 2019. "Der Einfluss digitaler Finanzberatung auf das Anlageverhalten von Privatinvestoren," Junior Management Science (JUMS), Junior Management Science e. V., vol. 4(4), pages 478-492.
    53. M. Debbich, 2015. "Why Financial Advice Cannot Substitute for Financial Literacy?," Working papers 534, Banque de France.
    54. Boykett, Paul, 2021. "What About Super? Financial Literacy as a Barrier to Market Entry," Warwick-Monash Economics Student Papers 02, Warwick Monash Economics Student Papers.
    55. Steffen Westermann & Scott J. Niblock & Jennifer L. Harrison & Michael A. Kortt, 2020. "Financial Advice Seeking: A Review of the Barriers and Benefits," Economic Papers, The Economic Society of Australia, vol. 39(4), pages 367-388, December.

  32. Haliassos, Michael & Georgarakos, Dimitris, 2010. "Stockholding: Participation, Location, and Spillovers," CEPR Discussion Papers 8113, C.E.P.R. Discussion Papers.

    Cited by:

    1. Luc Arrondel & Jérôme Coffinet, 2021. "Preparing for the tax reform: the risky French households' portfolio in 2018," Working Papers halshs-03322577, HAL.
    2. Bannier, Christina E. & Neubert, Milena, 2016. "Actual and perceived financial sophistication and wealth accumulation: The role of education and gender," CFS Working Paper Series 528, Center for Financial Studies (CFS).
    3. Nicholas Apergis & Christos Bouras, 2023. "Household choices on investing in financial risky assets: Do national institutional factors have their own merit?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(1), pages 405-420, January.
    4. Bannier, Christina E. & Schwarz, Milena, 2017. "Skilled but unaware of it: Occurrence and potential long-term effects of females' financial underconfidence," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168188, Verein für Socialpolitik / German Economic Association.
    5. Brown, Sarah & Ghosh, Pulak & Taylor, Karl, 2014. "Household Finances and Social Interaction: Bayesian Analysis of Household Panel Data," IZA Discussion Papers 8301, Institute of Labor Economics (IZA).
    6. Cotwright Marty & Chatterjee Swarn, 2022. "Equity Return Expectations and Financial Wealth Holdings of U.S. Households," Open Economics, De Gruyter, vol. 5(1), pages 1-10, January.
    7. Roine Vestman & Ofer Setty & Magnus Dahlquist, 2017. "On the Asset Allocation of a Default Pension Fund," 2017 Meeting Papers 255, Society for Economic Dynamics.
    8. Yannis Bilias & Dimitris Georgarakos & Michael Haliassos, 2017. "Has Greater Stock Market Participation Increased Wealth Inequality in the Us?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 63(1), pages 169-188, March.
    9. Barasinska, Nataliya & Schäfer, Dorothea, 2013. "Is the willingness to take financial risk a sex-linked trait? Evidence from national surveys of household finance," Discussion Papers 05/2013, Deutsche Bundesbank.
    10. Christelis, Dimitris & Georgarakos, Dimitris & Sanz-de-Galdeano, Anna, 2014. "The Impact of Health Insurance on Stockholding: A Regression Discontinuity Approach," IZA Discussion Papers 8635, Institute of Labor Economics (IZA).
    11. Becker, Gideon & Dimpfl, Thomas, 2014. "Labor income risk and the reluctance of fouseholds to invest in risky financial assets: A panel data analysis," University of Tübingen Working Papers in Business and Economics 72, University of Tuebingen, Faculty of Economics and Social Sciences, School of Business and Economics.
    12. Jie Zhou, 2015. "Household Stockholding Behavior During the Great Financial Crisis," Staff Working Papers 15-15, Bank of Canada.
    13. Michael Berlemann & Marc-André Luik, 2014. "Institutional Reform and Depositors' Portfolio Choice - Evidence from Censored Quantile Regressions," CESifo Working Paper Series 4782, CESifo.
    14. Christelis, Dimitris & Georgarakos, Dimitris, 2009. "Investing at home and abroad: Different costs, different people," CFS Working Paper Series 2009/28, Center for Financial Studies (CFS).
    15. Guin, Benjamin, 2017. "Culture and household saving," Working Paper Series 2069, European Central Bank.
    16. Nataliya Barasinska & Dorothea Schäfer, 2013. "Financial risk taking, gender and social identity - Evidence from national surveys of household finance," LWS Working papers 15, LIS Cross-National Data Center in Luxembourg.
    17. Luc Arrondel & Jérôme Coffinet, 2018. "Demand For Stocks in the Crisis: France 2004-2014," PSE Working Papers halshs-01785324, HAL.
    18. Oehler, Andreas & Wanger, Hans Philipp, 2020. "Household portfolio optimization with XTFs? An empirical study using the SHS-base," Research in International Business and Finance, Elsevier, vol. 51(C).
    19. Vicki L. Bogan & Angela R. Fertig, 2013. "Portfolio Choice and Mental Health," Review of Finance, European Finance Association, vol. 17(3), pages 955-992.

  33. Haliassos, Michael & Georgarakos, Dimitris, 2010. "Differences in Portfolios across Countries: Economic Environment versus Household Characteristics," CEPR Discussion Papers 8017, C.E.P.R. Discussion Papers.

    Cited by:

    1. Luc Arrondel & Laura Bartiloro & Pirmin Fessler & Peter Lindner & Thomas Y. Mathä & Cristiana Rampazzi & Frederique Savignac & Tobias Schmidt & Martin Schürz & Philip Vermeulen, 2014. "How do households allocate their assets? Stylised facts from the Eurosystem Household Finance and Consumption Survey," BCL working papers 94, Central Bank of Luxembourg.
    2. Mathä, Thomas Y. & Porpiglia, Alessandro & Ziegelmeyer, Michael, 2014. "Wealth differences across borders and the of real effect estate price dynamics: Evidence from two household surveys," MEA discussion paper series 201411, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    3. Salas Rojo, Pedro & Rodríguez, Juan Gabriel, 2021. "The distribution of wealth in Spain and the USA: the role of socioeconomic factors," LSE Research Online Documents on Economics 120915, London School of Economics and Political Science, LSE Library.
    4. Campbell, John Y., 2016. "Restoring rational choice: The challenge of consumer financial regulation," Working Paper Series 1897, European Central Bank.
    5. Mirco Tonin & Michael Vlassopoulos, 2015. "Are public sector workers different? Cross-European evidence from elderly workers and retirees," IZA Journal of Labor Economics, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 4(1), pages 1-21, December.
    6. Thomas Hintermaier & Winfried Koeniger, 2018. "Differences in Euro-Area Household Finances and their Relevance for Monetary-Policy Transmission," CESifo Working Paper Series 7088, CESifo.
    7. Koeniger, Winfried & Ramelet, Marc-Antoine, 2018. "Home ownership and monetary policy transmission," CFS Working Paper Series 615, Center for Financial Studies (CFS).
    8. Mathä, Thomas Y. & Ziegelmeyer, Michael & Porpiglia, Alessandro, 2014. "Household wealth in the euro area: the importance of intergenerational transfers, homeownership and house price dynamics," Working Paper Series 1690, European Central Bank.
    9. Ryan, Ellen, 2024. "Are fund managers rewarded for taking cyclical risks?," Journal of Financial Markets, Elsevier, vol. 68(C).
    10. Hans B. Christensen & Mark Maffett & Lauren Vollon, 2019. "Securities regulation, household equity ownership, and trust in the stock market," Review of Accounting Studies, Springer, vol. 24(3), pages 824-859, September.
    11. Thomas Michielsen & Remco Mocking & Sander van Veldhuizen, 2015. "Home Ownership and Household Portfolio Choice," CPB Discussion Paper 318, CPB Netherlands Bureau for Economic Policy Analysis.
    12. Barnes, Spencer, 2021. "Killing in the stock market: Evidence from organ donations," Journal of Behavioral and Experimental Finance, Elsevier, vol. 32(C).
    13. Kaustia, Markku & Conlin, Andrew & Luotonen, Niilo, 2023. "What drives stock market participation? The role of institutional, traditional, and behavioral factors," Journal of Banking & Finance, Elsevier, vol. 148(C).
    14. Luc Arrondel & Fr餩rique Savignac, 2015. "Risk management, housing and stockholding," Applied Economics, Taylor & Francis Journals, vol. 47(39), pages 4208-4227, August.
    15. T. van der Valk, 2019. "Quid pro quo: the institutional environment and the allocation of household wealth," Working Papers 19-25, Utrecht School of Economics.
    16. Laurens Cherchye & Bram De Rock & Dieter Saelens, 2024. "Financial portfolio performance of Belgian households : a nonparametric assessment," Working Paper Research 448, National Bank of Belgium.
    17. Michael Ehrmann & Michael Ziegelmeyer, 2014. "Household Risk Management and Actual Mortgage Choice in the Euro Area," Staff Working Papers 14-1, Bank of Canada.
    18. Dimitris Georgarakos & Michael Haliassos & Giacomo Pasini, 2014. "Household Debt and Social Interactions," The Review of Financial Studies, Society for Financial Studies, vol. 27(5), pages 1404-1433.
    19. Guiso, Luigi, 2012. "Household Finance: An Emerging Field," CEPR Discussion Papers 8934, C.E.P.R. Discussion Papers.
    20. Dimitris Christelis & Michael Ehrmann & Dimitris Georgarakos, 2015. "Exploring Differences in Household Debt Across Euro Area Countries and the United States," Staff Working Papers 15-16, Bank of Canada.
    21. Gábor-Tóth, Enikő & Georgarakos, Dimitris, 2018. "Economic policy uncertainty and stock market participation," CFS Working Paper Series 590, Center for Financial Studies (CFS).
    22. Michael Ziegelmeyer, 2015. "Other real estate property in selected euro area countries," BCL working papers 99, Central Bank of Luxembourg.
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    59. Musso, Alberto & Neri, Stefano & Stracca, Livio, 2010. "Housing, consumption and monetary policy: how different are the US and the euro area?," Working Paper Series 1161, European Central Bank.
    60. Andrej Cupák & Pirmin Fessler & Joanne W. Hsu & Piotr R. Paradowski, 2020. "Confidence, Financial Literacy and Investment in Risky Assets: Evidence from the Survey of Consumer Finances," Finance and Economics Discussion Series 2020-004, Board of Governors of the Federal Reserve System (U.S.).
    61. Barasinska, Nataliya & Schäfer, Dorothea, 2013. "Is the willingness to take financial risk a sex-linked trait? Evidence from national surveys of household finance," Discussion Papers 05/2013, Deutsche Bundesbank.
    62. Banks, James & Bassoli, Elena & Mammi, Irene, 2020. "Changing attitudes to risk at older ages: The role of health and other life events," Journal of Economic Psychology, Elsevier, vol. 79(C).
    63. Xiaobo Xu & Martin Young & Liping Zou & Jiali Fang, 2023. "Retirement Income Sufficiency: A Comparison Study in Australia and New Zealand," JRFM, MDPI, vol. 16(2), pages 1-38, February.
    64. Lusardi, Annamaria & Almenberg, Johan & Säve-Söderbergh, Jenny & Vestman, Roine, 2020. "Attitudes Toward Debt and Debt Behavior," CEPR Discussion Papers 14801, C.E.P.R. Discussion Papers.
    65. Binod Guragai & S. Drew Peabody, 2018. "Demographic Factors Affecting U.S. Households¡¯ Investment in Stocks," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 10(4), pages 112-122, April.
    66. Sara Lamboglia & Massimiliano Stacchini, 2023. "On the drivers of financial literacy: the role of intergenerational mobility," Questioni di Economia e Finanza (Occasional Papers) 766, Bank of Italy, Economic Research and International Relations Area.
    67. Cupák, Andrej & Fessler, Pirmin & Schneebaum, Alyssa & Silgoner, Maria, 2018. "Decomposing gender gaps in financial literacy: New international evidence," Economics Letters, Elsevier, vol. 168(C), pages 102-106.
    68. Andrej Cupak & Pirmin Fessler & Maria Silgoner & Elisabeth Ulbrich, 2018. "Financial literacy gaps across countries: the role of individual characteristics and institutions," Working and Discussion Papers WP 2/2018, Research Department, National Bank of Slovakia.
    69. Laurens Cherchye & Bram De Rock & Dieter Saelens, 2024. "Nonparametric analysis of financial portfolio performance," Working Papers ECARES 2024-08, ULB -- Universite Libre de Bruxelles.
    70. Yiwen Chen & Thomas Y. Mathä & Giuseppe Pulina & Barbara Schuster & Michael Ziegelmeyer, 2020. "The Luxembourg Household Finance Consumption Survey: Results from the third wave," BCL working papers 142, Central Bank of Luxembourg.
    71. Philipp Hartmann & Kirstin Hubrich & Manfred Kremer, 2013. "Introducing Systemic Financial instability into macroeconomics: how to meet the challenge?," Research Bulletin, European Central Bank, vol. 19, pages 2-9.
    72. Michael Berlemann & Marc-André Luik, 2014. "Institutional Reform and Depositors' Portfolio Choice - Evidence from Censored Quantile Regressions," CESifo Working Paper Series 4782, CESifo.
    73. Nataliya Barasinska & Dorothea Schäfer, 2013. "Financial risk taking, gender and social identity - Evidence from national surveys of household finance," LWS Working papers 15, LIS Cross-National Data Center in Luxembourg.
    74. Philip Müller, 2016. "Poverty in Europe: Sociodemographics, Portfolios and Consumption of Wealth Poor Households," LWS Working papers 22, LIS Cross-National Data Center in Luxembourg.
    75. Netta Achdut & Lea Achdut, 2022. "Joint Income-Wealth Poverty in a Cross-National Perspective: The Role of Country-Level Indicators," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 164(1), pages 499-541, November.
    76. Mathä, Thomas Y. & Ziegelmeyer, Michael & Porpiglia, Alessandro, 2014. "Wealth differences across borders and the effect of real estate price dynamics: evidence from two household surveys," Working Paper Series 1672, European Central Bank.
    77. Ashok Thomas & Luca Spataro, 2018. "Financial Literacy, Human Capital and Stock Market Participation in Europe," Journal of Family and Economic Issues, Springer, vol. 39(4), pages 532-550, December.
    78. Weiou Wu & Apostolos Fasianos & Stephen Kinsella, 2015. "Differences in Borrowing Behaviour between Core and Peripheral Economies — Economic Environment versus Financial Perceptions," Working Papers 201516, Geary Institute, University College Dublin.
    79. Fleck, Johannes & Monninger, Adrian, 2020. "Culture and portfolios: trust, precautionary savings and home ownership," Working Paper Series 2457, European Central Bank.
    80. Frank Cowell & Eleni Karagiannaki & Abigail Mcknight, 2018. "Accounting for Cross†Country Differences in Wealth Inequality," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 64(2), pages 332-356, June.
    81. Brown, Martin & Henchoz, Caroline & Spycher, Thomas, 2017. "Culture and Financial Literacy," Working Papers on Finance 1703, University of St. Gallen, School of Finance.
    82. Dimitris Christelis & Sébastien Pérez-Duarte, 2013. "The euro system household finance and consumption survey: an important resource for policy-makers and researchers," Research Bulletin, European Central Bank, vol. 19, pages 13-17.
    83. Marianna Brunetti & Elena Giarda & Costanza Torricelli, 2020. "Financial fragility across Europe and the US: The role of portfolio choices, household features and economic-institutional setup," Centro Studi di Banca e Finanza (CEFIN) (Center for Studies in Banking and Finance) 0081, Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi".
    84. Michael Berlemann & Marc-André Luik, 2014. "Unterscheiden sich West- und Ostdeutsche in ihrem Anlageverhalten? Empirische Evidenz auf Basis von Bankdaten," ifo Dresden berichtet, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 21(06), pages 27-36, December.
    85. Lenz, Guido & Mayer, Maximilian, 2023. "Hollywood, Wall Street, and Mistrusting Individual Investors," Journal of Economic Behavior & Organization, Elsevier, vol. 210(C), pages 117-138.
    86. Miguel Ampudia Fraile, 2013. "Stockholding in Spain," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 4(4), pages 415-435, November.
    87. Katarzyna Kochaniak, 2016. "Low interest rates - do they revise household saving motives in the Euro area?," "e-Finanse", University of Information Technology and Management, Institute of Financial Research and Analysis, vol. 12(1), pages 43-56, June.
    88. Eszter Balogh & Zsuzsa Kékesi & Balázs Sisak, 2019. "Analysis of Households’ Investment Decisions Based on International Data," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 18(1), pages 60-87.
    89. Oehler, Andreas & Wanger, Hans Philipp, 2020. "Household portfolio optimization with XTFs? An empirical study using the SHS-base," Research in International Business and Finance, Elsevier, vol. 51(C).
    90. Ampudia, Miguel & Ehrmann, Michael, 2017. "Macroeconomic experiences and risk taking of euro area households," European Economic Review, Elsevier, vol. 91(C), pages 146-156.
    91. Marcin Wroński, 2022. "Household wealth in Central and Eastern Europe Explaining the wealth gap between Poland and Hungary," Bank i Kredyt, Narodowy Bank Polski, vol. 53(5), pages 443-474.
    92. Giuseppe Pulina, 2023. "Consumer debt in Luxembourg and the euro area: Evidence from the Household Finance and Consumption Survey," BCL working papers 175, Central Bank of Luxembourg.
    93. Jiri Slacalek, 2013. "Wealth heterogeneity and the response of consumption to shocks," Research Bulletin, European Central Bank, vol. 19, pages 10-12.
    94. Yilmazer, Tansel & Babiarz, Patryk & Liu, Fen, 2015. "The impact of diminished housing wealth on health in the United States: Evidence from the Great Recession," Social Science & Medicine, Elsevier, vol. 130(C), pages 234-241.
    95. Madeira, Carlos & Margaretic, Paula, 2022. "The impact of financial literacy on the quality of self-reported financial information," Journal of Behavioral and Experimental Finance, Elsevier, vol. 34(C).
    96. SIERMINSKA Eva & DOORLEY Karina, 2012. "Decomposing household wealth portfolios across countries: An age-old question?," LISER Working Paper Series 2012-32, Luxembourg Institute of Socio-Economic Research (LISER).
    97. Philip Müller, 2017. "Poverty in Europe: Sociodemographics, Portfolios, and Consumption of Wealth‐Poor Households," Poverty & Public Policy, John Wiley & Sons, vol. 9(3), pages 306-330, September.
    98. Aller, Carlos & Grant, Charles, 2018. "The effect of the financial crisis on default by Spanish households," Journal of Financial Stability, Elsevier, vol. 36(C), pages 39-52.

  34. Georgarakos, Dimitris & Lojschová, Adriana & Ward-Warmedinger, Melanie, 2010. "Mortgage indebtedness and household financial distress," Working Paper Series 1156, European Central Bank.

    Cited by:

    1. Elena Giarda, 2010. "Persistency of financial distress amongst Italian households: evidence from dynamic probit models," Quaderni di Dipartimento 3, Department of Statistics, University of Bologna.
    2. Piotr Bialowolski & Dorota Weziak‐Bialowolska, 2021. "Good credit, bad credit: The differential role of the sources of debt in life satisfaction," Journal of Consumer Affairs, Wiley Blackwell, vol. 55(3), pages 967-994, September.
    3. Olympia Bover & Jose Maria Casado & Sonia Costa & Philip Du Caju & Yvonne McCarthy & Eva Sierminska & Panagiota Tzamourani & Ernesto Villanueva & Tibor Zavadil, 2016. "The Distribution of Debt across Euro-Area Countries: The Role of Individual Characteristics, Institutions, and Credit Conditions," International Journal of Central Banking, International Journal of Central Banking, vol. 12(2), pages 71-128, June.
    4. Stefanie J. Huber & Tobias Schmidt, 2016. "Cross-Country Differences in Homeownership: A Cultural Phenomenon?," ERES eres2016_47, European Real Estate Society (ERES).
    5. McCarthy, Yvonne, 2014. "Dis-entangling the mortgage arrears crisis: The rolw of the labour market, income volatility and housing equity," Research Technical Papers 02/RT/14, Central Bank of Ireland.
    6. Sofia N. Andreou, 2011. "The Borrowing Behaviour of Households: Evidence from the Cyprus Family Expenditure Surveys," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 5(2), pages 57-83, December.
    7. Keese, Matthias, 2010. "Who Feels Constrained by High Debt Burdens? – Subjective vs. Objective Measures of Household Indebtedness," Ruhr Economic Papers 169, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    8. Brown, Sarah & Ghosh, Pulak & Taylor, Karl, 2014. "Household Finances and Social Interaction: Bayesian Analysis of Household Panel Data," IZA Discussion Papers 8301, Institute of Labor Economics (IZA).
    9. Silvia Magri & Raffaella Pico, 2010. "The rise of risk-based pricing of mortgage interest rates in Italy," Temi di discussione (Economic working papers) 778, Bank of Italy, Economic Research and International Relations Area.
    10. Felipe Martínez & Rodrigo Cifuentes & Carlos Madeira & Rubén Poblete-Cazenave, 2013. "Measurement of Household Financial Risk with the Survey of Household Finances," Working Papers Central Bank of Chile 682, Central Bank of Chile.
    11. Piotr Białowolski & Dorota Węziak-Białowolska & Tyler J. VanderWeele, 2019. "The impact of savings and credit on health and health behaviours: an outcome-wide longitudinal approach," International Journal of Public Health, Springer;Swiss School of Public Health (SSPH+), vol. 64(4), pages 573-584, May.
    12. Gómez-Salvador, Ramón & Westermann, Thomas & Lojschová, Adriana, 2011. "Household sector borrowing in the euro area - a micro data perspective," Occasional Paper Series 125, European Central Bank.
    13. Christoph Görtz & Danny McGowan & Mallory Yeromonahos, 2023. "Furlough and Household Financial Distress during the COVID‐19 Pandemic," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 85(6), pages 1157-1184, December.
    14. Marianna Brunetti & Elena Giarda & Costanza Torricelli, 2016. "Is Financial Fragility a Matter of Illiquidity? An Appraisal for Italian Households," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 62(4), pages 628-649, December.
    15. Ivana Herceg & Danijel Nestić, 2012. "A New Cluster-Based Financial Vulnerability Indicator: The Analytical Concept and its Application for Stress Testing in a Post-Socialist Economy," wiiw Balkan Observatory Working Papers 100, The Vienna Institute for International Economic Studies, wiiw.
    16. Kelly, Robert & McCarthy, Yvonne & McQuinn, Kieran, 2011. "Impairment and Negative Equity in the Irish Mortgage Market," Research Technical Papers 9/RT/11, Central Bank of Ireland.
    17. Jean-Charles Bricongne & Leonor Coutinho & Alessandro Turrini & Stefan Zeugner, 2020. "Is Private Debt Excessive?," Open Economies Review, Springer, vol. 31(2), pages 471-512, April.
    18. Stefanie Huber & Tobias Schmidt, 2022. "Nevertheless, they persist: Cross-Country Differences in Homeownership Behavior," Tinbergen Institute Discussion Papers 22-009/II, Tinbergen Institute.
    19. Sónia Costa, 2012. "Households’ Default Probability: An Analysis Based on the Results of the HFCS," Economic Bulletin and Financial Stability Report Articles and Banco de Portugal Economic Studies, Banco de Portugal, Economics and Research Department.
    20. Marco Brandolini & Federica Coroneo & Elena Giarda & Cristiana Moriconi & Sarah Grace See, 2022. "Differences in Perceptions of the Housing Cost Burden Among European Countries," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 12(4), pages 1-5.
    21. Francesco D’Acunto & Marcel Prokopczuk & Michael Weber, 2017. "Historical Antisemitism, Ethnic Specialization, and Financial Development," NBER Working Papers 23785, National Bureau of Economic Research, Inc.
    22. Sarah Brown & Karl Taylor, 2012. "Household Finances and Social Interaction," Working Papers 2012007, The University of Sheffield, Department of Economics.
    23. Piotr Bialowolski & Dorota Weziak-Bialowolska, 2014. "The Index of Household Financial Condition, Combining Subjective and Objective Indicators: An Appraisal of Italian Households," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 118(1), pages 365-385, August.
    24. Massimo Baldini & Costanza Torricelli & Maria Cesira Urzì Brancati, 2018. "Family ties: Labor supply responses to cope with a household employment shock," Review of Economics of the Household, Springer, vol. 16(3), pages 809-832, September.
    25. Blázquez, Maite & Moro-Egido, Ana I., 2023. "The impact of financial insecurity on self-reported health: Europe in cross-national perspective," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 1123-1137.
    26. Piotr Białowolski & Dorota Węziak-Białowolska, 2017. "What Does a Swiss Franc Mortgage Cost? The Tale of Polish Trust for Foreign Currency Denominated Mortgages: Implications for Well-Being and Health," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 133(1), pages 285-301, August.
    27. Piotr Bialowolski & Dorota Weziak-Bialowolska & Eileen McNeely, 2021. "The Role of Financial Fragility and Financial Control for Well-Being," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 155(3), pages 1137-1157, June.
    28. Chichaibelu, Bezawit Beyene & Waibel, Hermann, 2017. "Borrowing from “Pui” to Pay “Pom”: Multiple Borrowing and Over-Indebtedness in Rural Thailand," World Development, Elsevier, vol. 98(C), pages 338-350.
    29. M. Deidda, 2013. "Economic hardship, housing cost burden and tenure status: evidence from EU-SILC," Working Paper CRENoS 201323, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
    30. Maite Blázquez & Ana I. Moro Egido, 2020. "Financial insecurity and subjective well-being. Europe in crossnational perspective," ThE Papers 20/07, Department of Economic Theory and Economic History of the University of Granada..
    31. Alessandra Bettocchi & Elena Giarda & Cristiana Moriconi & Federica Orsini & Rita Romeo, 2018. "Assessing and predicting financial vulnerability of Italian households: a micro-macro approach," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 45(3), pages 587-605, August.
    32. David ARISTEI & Manuela Gallo, 2012. "The Drivers of Household Over-Indebtedness and Delinquency on Mortgage Loans: Evidence from Italian Microdata," Quaderni del Dipartimento di Economia, Finanza e Statistica 105/2012, Università di Perugia, Dipartimento Economia.
    33. Sara Fernández‐López & Marcos Álvarez‐Espiño & Lucía Rey‐Ares & Sandra Castro‐González, 2024. "Consumer financial vulnerability: Review, synthesis, and future research agenda," Journal of Economic Surveys, Wiley Blackwell, vol. 38(4), pages 1045-1084, September.
    34. Chenhong Peng & Yik-Wa Law, 2023. "How Do Consumption Patterns Influence the Discrepancy Between Economic and Subjective Poverty?," Journal of Happiness Studies, Springer, vol. 24(4), pages 1579-1604, April.
    35. Stefan Angel, 2016. "The Effect of Over-Indebtedness on Health: Comparative Analyses for Europe," Kyklos, Wiley Blackwell, vol. 69(2), pages 208-227, May.

  35. Georgarakos, Dimitris & Tatsiramos, Konstantinos, 2009. "Immigrant Self-Employment: Does Intermarriage Matter?," IZA Discussion Papers 4350, Institute of Labor Economics (IZA).

    Cited by:

    1. Delia Furtado & Stephen Trejo, 2012. "Interethnic Marriages and their Economic Effects," RF Berlin - CReAM Discussion Paper Series 1205, Rockwool Foundation Berlin (RF Berlin) - Centre for Research and Analysis of Migration (CReAM).
    2. Chunbei Wang & Le Wang, 2012. "The effects of 9/11 on intermarriage between natives and immigrants to the U.S," Review of Economics of the Household, Springer, vol. 10(2), pages 171-192, June.
    3. Furtado, Delia & Theodoropoulos, Nikolaos, 2010. "Why Does Intermarriage Increase Immigrant Employment? The Role of Networks," IZA Discussion Papers 5080, Institute of Labor Economics (IZA).
    4. Delia Furtado & Nikolaos Theodoropoulos, 2009. "Intermarriage and Immigrant Employment: The Role of Networks," University of Cyprus Working Papers in Economics 3-2009, University of Cyprus Department of Economics.
    5. Nottmeyer, Olga, 2011. "Couple's Relative Labor Supply in Intermarriage," IZA Discussion Papers 5567, Institute of Labor Economics (IZA).
    6. Olga Nottmeyer, 2014. "Relative labor supply in intermarriage," IZA Journal of Migration and Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 3(1), pages 1-27, December.
    7. Liliana Sousa, 2013. "Community Determinants Of Immigrant Self-Employment: Human Capital Spillovers And Ethnic Enclaves," Working Papers 13-21, Center for Economic Studies, U.S. Census Bureau.
    8. Olga Nottmeyer, 2010. "Does Intermarriage Pay Off?: A Panel Data Analysis," Discussion Papers of DIW Berlin 1044, DIW Berlin, German Institute for Economic Research.
    9. Nottmeyer, Olga, 2010. "Does Intermarriage Pay Off? A Panel Data Analysis," IZA Discussion Papers 5104, Institute of Labor Economics (IZA).
    10. Olga Nottmeyer, 2015. "Intermarriage and the economic success of immigrants," IZA World of Labor, Institute of Labor Economics (IZA), pages 160-160, June.
    11. Olga Nottmeyer, 2010. "Does Intermarriage Pay Off?: A Panel Data Analysis," SOEPpapers on Multidisciplinary Panel Data Research 314, DIW Berlin, The German Socio-Economic Panel (SOEP).

  36. Georgarakos, Dimitris & Pasini, Giacomo, 2009. "Trust, sociability and stock market participation," CFS Working Paper Series 2009/29, Center for Financial Studies (CFS).

    Cited by:

    1. Carin van der Cruijsen & Jakob de Haan & Ria Roerink, 2020. "Trust in financial institutions: A survey," Working Papers 693, DNB.
    2. Mertzanis, Charilaos & Basuony, Mohamed A.K. & Mohamed, Ehab K.A., 2019. "Social institutions, corporate governance and firm-performance in the MENA region," Research in International Business and Finance, Elsevier, vol. 48(C), pages 75-96.
    3. Cornett, Marcia Millon & Minnick, Kristina & Schorno, Patrick J. & Tehranian, Hassan, 2021. "Bank consumer relations and social capital," Journal of Banking & Finance, Elsevier, vol. 133(C).
    4. Filipiak, Ute, 2016. "Trusting financial institutions: Out of reach, out of trust?," The Quarterly Review of Economics and Finance, Elsevier, vol. 59(C), pages 200-214.
    5. Kaustia, Markku & Conlin, Andrew & Luotonen, Niilo, 2023. "What drives stock market participation? The role of institutional, traditional, and behavioral factors," Journal of Banking & Finance, Elsevier, vol. 148(C).
    6. Felix Holzmeister & Martin Holmén & Michael Kirchler & Matthias Stefan & Erik Wengström, 2019. "Delegation Decisions in Finance," Working Papers 2019-21, Faculty of Economics and Statistics, Universität Innsbruck.
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    78. Grebitus, Carola & Steiner, Bodo & Veeman, Michele, 2014. "The roles of human values and generalized trust on stated preferences when food is labeled with environmental footprints: insights from Germany," MPRA Paper 64630, University Library of Munich, Germany.
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    2. Inderst, Roman & Georgarakos, Dimitris & Deuflhard, Florian, 2014. "Financial Literacy and Savings Account Returns," CEPR Discussion Papers 9882, C.E.P.R. Discussion Papers.
    3. Mohammad (Vahid) Irani & Hugh Hoikwang Kim, 2023. "The consequences of non‐trading institutional investors," Financial Management, Financial Management Association International, vol. 52(3), pages 433-481, September.
    4. Claudio Campanale & Carolina Fugazza & Francisco Gomes, 2012. "Life-Cycle Portfolio Choice with Liquid and Illiquid Financial Assets," Carlo Alberto Notebooks 269, Collegio Carlo Alberto.
    5. Korniotis, George & Bonaparte, Yosef & Kumar, Alok, 2020. "Income Risk and Stock Market Entry/Exit Decisions," CEPR Discussion Papers 15370, C.E.P.R. Discussion Papers.
    6. Hugh Hoikwang Kim & Raimond Maurer & Olivia S. Mitchell, 2013. "Time is Money: Life Cycle Rational Inertia and Delegation of Investment Management," NBER Working Papers 19732, National Bureau of Economic Research, Inc.
    7. Christopher Roth & Johannes Wohlfart, 2020. "How Do Expectations about the Macroeconomy Affect Personal Expectations and Behavior?," The Review of Economics and Statistics, MIT Press, vol. 102(4), pages 731-748, October.
    8. Haliassos, Michael & Fuchs-Schündeln, Nicola, 2015. "Does Product Familiarity Matter for Participation?," CEPR Discussion Papers 10632, C.E.P.R. Discussion Papers.
    9. Michele Lenza & Jiri Slacalek, 2024. "How does monetary policy affect income and wealth inequality? Evidence from quantitative easing in the euro area," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 39(5), pages 746-765, August.
    10. Marianna Brunetti & Rocco Ciciretti & Ljubica Djordjevic, 2014. "The Determinants of Household's Bank Switching," CEIS Research Paper 322, Tor Vergata University, CEIS, revised 11 Nov 2015.
    11. Marianne Andries & Valentin Haddad, 2017. "Information Aversion," NBER Working Papers 23958, National Bureau of Economic Research, Inc.
    12. Illeditsch, PK & Ganguli, J & Condie, S, 2015. "Information Inertia," Economics Discussion Papers 15615, University of Essex, Department of Economics.
    13. Alessandro Bucciol & Raffaele Miniaci, 2011. "Household Portfolios and Risk Bearing over Age and Time," Working Papers 15/2011, University of Verona, Department of Economics.
    14. Arrondel, Luc & Calvo Pardo, Héctor & Giannitsarou, Chryssi & Haliassos, Michael, 2022. "Informative Social Interactions," CEPR Discussion Papers 14840, C.E.P.R. Discussion Papers.
    15. Milo Bianchi, 2018. "Financial Literacy and Portfolio Dynamics," Post-Print hal-01897769, HAL.
    16. Lee, Boram & Veld-Merkoulova, Yulia, 2016. "Myopic loss aversion and stock investments: An empirical study of private investors," Journal of Banking & Finance, Elsevier, vol. 70(C), pages 235-246.
    17. Laurens Cherchye & Bram De Rock & Dieter Saelens, 2024. "Financial portfolio performance of Belgian households : a nonparametric assessment," Working Paper Research 448, National Bank of Belgium.
    18. Campiglio, Emanuele & Lamperti, Francesco & Terranova, Roberta, 2024. "Believe me when I say green! Heterogeneous expectations and climate policy uncertainty," LSE Research Online Documents on Economics 124234, London School of Economics and Political Science, LSE Library.
    19. Guiso, Luigi, 2012. "Household Finance: An Emerging Field," CEPR Discussion Papers 8934, C.E.P.R. Discussion Papers.
    20. Wolfgang Breuer & Michael Riesener & Astrid Juliane Salzmann, 2014. "Risk aversion vs. individualism: what drives risk taking in household finance?," The European Journal of Finance, Taylor & Francis Journals, vol. 20(5), pages 446-462, May.
    21. Christopher J. Gust & J. David López-Salido, 2009. "Portfolio inertia and the equity premium," International Finance Discussion Papers 984, Board of Governors of the Federal Reserve System (U.S.).
    22. Andreas Hackethal & Michael Haliassos & Tullio Jappelli, 2009. "Financial Advisors: A Case of Babysitters?," CSEF Working Papers 219, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 03 Mar 2011.
    23. Gábor-Tóth, Enikő & Georgarakos, Dimitris, 2018. "Economic policy uncertainty and stock market participation," CFS Working Paper Series 590, Center for Financial Studies (CFS).
    24. Magnus Dahlquist & José Vicente Martinez, 2015. "Investor Inattention: A Hidden Cost of Choice in Pension Plans?," European Financial Management, European Financial Management Association, vol. 21(1), pages 1-19, January.
    25. Luigi Guiso & Tullio Jappelli, 2007. "Information Acquisition and Portfolio Performance," Economics Working Papers ECO2007/45, European University Institute.
    26. Laurent E. Calvet & John Y. Campbell & Paolo Sodini, 2008. "Fight or Flight? Portfolio Rebalancing by Individual Investors," NBER Working Papers 14177, National Bureau of Economic Research, Inc.
    27. Michael, Haliassos & Dimitris, Christelis & Dimitris, Georgarakos, 2010. "Differences in Portfolios across Countries: Economic Environment versus Household Characteristics," MEA discussion paper series 10204, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    28. Dimitrios Christelis & Dimitris Georgarakos & Michael Haliassos, 2009. "Stockholding: From Participation to Location and to Participation Spillovers," CSEF Working Papers 230, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    29. Philippe Bacchetta & Margaret Davenport & Eric van Wincoop, 2021. "Can Sticky Portfolios Explain International Capital Flows and Asset Prices?," Swiss Finance Institute Research Paper Series 21-80, Swiss Finance Institute.
    30. Tracey West & Andrew Worthington, 2014. "Macroeconomic Conditions and Australian Financial Risk Attitudes, 2001–2010," Journal of Family and Economic Issues, Springer, vol. 35(2), pages 263-277, June.
    31. Moris S. Strub & Duan Li, 2020. "Failing to Foresee the Updating of the Reference Point Leads to Time-Inconsistent Investment," Operations Research, INFORMS, vol. 68(1), pages 199-213, January.
    32. Jean Paul Rabanal & Aleksei Chernulich & John Horowitz & Olga A. Rud & Manizha Sharifova, 2019. "Market timing under public and private information," Working Papers 151, Peruvian Economic Association.
    33. Michael Ziegelmeyer & Julius Nick, 2013. "Backing out of private pension provision: lessons from Germany," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 40(3), pages 505-539, August.
    34. Andersen, Steffen & Campbell, John Y. & Meisner-Nielsen, Kasper & Ramadorai, Tarun, 2014. "Inattention and Inertia in Household Finance: Evidence from the Danish Mortgage Market," Scholarly Articles 17492179, Harvard University Department of Economics.
    35. Philippe Bacchetta & Eric van Wincoop, 2010. "Infrequent Portfolio Decisions: A Solution to the Forward Discount Puzzle," American Economic Review, American Economic Association, vol. 100(3), pages 870-904, June.
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    41. Christelis, Dimitris & Georgarakos, Dimitris & Haliassos, Michael, 2008. "Economic integration and mature portfolios," CFS Working Paper Series 2008/05, Center for Financial Studies (CFS).
    42. Djordjevic, Ljubica, 2015. "Essays in household finance," Other publications TiSEM ad3edc86-915e-4ce8-ba38-b, Tilburg University, School of Economics and Management.
    43. Valentina Michelangeli & Eliana Viviano, 2021. "Can internet banking affect households' participation in financial markets and financial awareness?," Temi di discussione (Economic working papers) 1329, Bank of Italy, Economic Research and International Relations Area.
    44. Eugeni, Sara, 2015. "Nominal Exchange Rates and Net Foreign Assets' Dynamics: the Stabilization Role of Valuation Effects," MPRA Paper 63549, University Library of Munich, Germany.
    45. Steffen Andersen & John Y. Campbell & Kasper Meisner Nielsen & Tarun Ramadorai, 2015. "Sources of Inaction in Household Finance: Evidence from the Danish Mortgage Market," NBER Working Papers 21386, National Bureau of Economic Research, Inc.
    46. David Aristei & Silvia Bacci & Francesco Bartolucci & Silvia Pandolfi, 2021. "A bivariate finite mixture growth model with selection," Advances in Data Analysis and Classification, Springer;German Classification Society - Gesellschaft für Klassifikation (GfKl);Japanese Classification Society (JCS);Classification and Data Analysis Group of the Italian Statistical Society (CLADAG);International Federation of Classification Societies (IFCS), vol. 15(3), pages 759-793, September.
    47. Yosef Bonaparte & Russell Cooper & Guozhong Zhu, 2011. "Consumption Smoothing and Portfolio Rebalancing: The Effects of Adjustment Costs," NBER Working Papers 16957, National Bureau of Economic Research, Inc.
    48. Jakusch, Sven Thorsten & Meyer, Steffen & Hackethal, Andreas, 2019. "Taming models of prospect theory in the wild? Estimation of Vlcek and Hens (2011)," SAFE Working Paper Series 146, Leibniz Institute for Financial Research SAFE, revised 2019.
    49. Philippe Bacchetta & Eric Van Wincoop, 2006. "Incomplete information processing: a solution to the forward discount puzzle," Working Paper Series 2006-35, Federal Reserve Bank of San Francisco.
    50. Cardak, Buly A. & Martin, Vance L. & McAllister, Richard, 2019. "The effects of the Global Financial Crisis on the stock holding decisions of Australian households," The North American Journal of Economics and Finance, Elsevier, vol. 50(C).
    51. Yannis Bilias & Dimitris Georgarakos & Michael Haliassos, 2017. "Has Greater Stock Market Participation Increased Wealth Inequality in the Us?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 63(1), pages 169-188, March.
    52. Hoffmann, Arvid O.I. & Post, Thomas & Pennings, Joost M.E., 2013. "Individual investor perceptions and behavior during the financial crisis," Journal of Banking & Finance, Elsevier, vol. 37(1), pages 60-74.
    53. Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli, 2020. "Financial Risk-taking and Differential Bargaining Power within Households," Working Papers 2020_32, Business School - Economics, University of Glasgow.
    54. Philippe Bacchetta & Eric van Wincoop, 2017. "Gradual Portfolio Adjustment: Implications for Global Equity Portfolios and Returns," NBER Working Papers 23363, National Bureau of Economic Research, Inc.
    55. Steffen Meyer & Michaela Pagel, 2019. "Fully Closed: Individual Responses to Realized Gains and Losses," NBER Working Papers 25542, National Bureau of Economic Research, Inc.
    56. Laurent E. Calvet & John Y. Campbell & Paolo Sodini, 2009. "Measuring the Financial Sophistication of Households," NBER Working Papers 14699, National Bureau of Economic Research, Inc.
    57. Darrell Duffie & Bruno Strulovici, 2011. "Capital Mobility and Asset Pricing," NBER Working Papers 17296, National Bureau of Economic Research, Inc.
    58. Bjarne Florentsen & Ulf Nielsson & Peter Raahauge & Jesper Rangvid, 2022. "How Important is Affiliation Between Mutual Funds and Distributors for Fund Flows? [Is unbiased financial advice to retail investors sufficient? Answers from a large field study]," Review of Finance, European Finance Association, vol. 26(4), pages 971-1009.
    59. Jie Zhou, 2018. "Household Stock Market Participation During the Great Financial Crisis," Departmental Working Papers 2018-02, The University of Winnipeg, Department of Economics.
    60. Haliassos, Michael & Georgarakos, Dimitris, 2010. "Stockholding: Participation, Location, and Spillovers," CEPR Discussion Papers 8113, C.E.P.R. Discussion Papers.
    61. Brunetti, M. & Ciciretti, R. & Djordjevic, Lj., 2020. "Till mortgage do us part: Mortgage switching costs and household's bank switching," Journal of Banking & Finance, Elsevier, vol. 119(C).
    62. Luigi Guiso & Tullio Jappelli, 2018. "Investment in Financial Information and Portfolio Performance," EIEF Working Papers Series 1807, Einaudi Institute for Economics and Finance (EIEF), revised Jun 2018.
    63. Lei, Xiaowen, 2019. "Information and Inequality," Journal of Economic Theory, Elsevier, vol. 184(C).
    64. Galil, Koresh & Spivak, Avia & Tur-Sinai, Aviad, 2023. "Socioeconomic status and individual investors’ behavior during a financial crisis," Journal of Behavioral and Experimental Finance, Elsevier, vol. 40(C).
    65. Deuflhard, Florian, 2018. "Quantifying inertia in retail deposit markets," SAFE Working Paper Series 223, Leibniz Institute for Financial Research SAFE.
    66. François Le Grand & Xavier Ragot, 2018. "A Class of Tractable Incomplete-Market Models for Studying Asset Returns and Risk Exposure," Post-Print hal-03949545, HAL.
    67. Tobin Hanspal & Annika Weber & Johannes Wohlfart, 2020. "Exposure to the COVID-19 Stock Market Crash and its Effect on Household Expectations," CEBI working paper series 20-13, University of Copenhagen. Department of Economics. The Center for Economic Behavior and Inequality (CEBI).
    68. Gomes, Francisco & Fugazza, Carolina & Campanale, Claudio, 2015. "Life-Cycle Portfolio choice with Liquid and Illiquid Assets," CEPR Discussion Papers 10369, C.E.P.R. Discussion Papers.
    69. Gust, Christopher & López-Salido, David, 2014. "Monetary policy and the cyclicality of risk," Journal of Monetary Economics, Elsevier, vol. 62(C), pages 59-75.
    70. Jie Zhou, 2015. "Household Stockholding Behavior During the Great Financial Crisis," Staff Working Papers 15-15, Bank of Canada.
    71. Salvatore Morelli, 2018. "Banking crises in the US: the response of top income shares in a historical perspective," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 16(2), pages 257-294, June.
    72. Inderst, Roman & Hackethal, Andreas & Meyer, Steffen, 2010. "Trading on Advice," CEPR Discussion Papers 8091, C.E.P.R. Discussion Papers.
    73. López-Salido, J David & Gust, Christopher, 2009. "Monetary Policy, Velocity, and the Equity Premium," CEPR Discussion Papers 7388, C.E.P.R. Discussion Papers.
    74. Kristjanpoller, Werner D. & Olson, Josephine E., 2021. "The effect of market returns and volatility on investment choices in Chile’s defined contribution retirement plan," Journal of International Money and Finance, Elsevier, vol. 112(C).
    75. Wei, Shang-Jin & Wu, Weixing & Zhang, Linwan, 2019. "Portfolio choices, Asset returns and wealth inequality: evidence from China," Emerging Markets Review, Elsevier, vol. 38(C), pages 423-437.
    76. de Bruin, Boudewijn & Cherednychenko, Olha & Hermes, Niels & Kramer, Marc & Meyer, Marco, 2024. "Demand for financial advice: Evidence from a randomized choice experiment," Journal of Banking & Finance, Elsevier, vol. 163(C).
    77. Oscar A. Stolper & Andreas Walter, 2017. "Financial literacy, financial advice, and financial behavior," Journal of Business Economics, Springer, vol. 87(5), pages 581-643, July.
    78. Luik, Marc-André & Steinhardt, Max Friedrich, 2016. "Immigrant-native differences in stockholding – The role of cognitive and non-cognitive skills," Journal of Empirical Finance, Elsevier, vol. 38(PA), pages 103-119.
    79. Roberta, Cardani & Lorenzo, Menna & Patrizio, Tirelli, 2016. "Optimal Public Debt Consolidation with Distributional Conflicts," Working Papers 350, University of Milano-Bicocca, Department of Economics, revised 05 Oct 2016.
    80. Steffen Meyer & Michaela Pagel, 2022. "Fully Closed: Individual Responses to Realized Gains and Losses," Journal of Finance, American Finance Association, vol. 77(3), pages 1529-1585, June.
    81. Mauro Bambi & Sara Eugeni, 2021. "Nominal exchange rate determination and dynamics in an OLG framework," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 72(1), pages 93-132, July.
    82. Hanspal, Tobin & Weber, Annika & Wohlfart, Johannes, 2020. "Exposure to the COVID-19 stock market crash and its effect on household expectations," SAFE Working Paper Series 279, Leibniz Institute for Financial Research SAFE.
    83. Fuchs-Schündeln, Nicola & Haliassos, Michael, 2021. "Participation following sudden access," Journal of Monetary Economics, Elsevier, vol. 117(C), pages 671-688.
    84. Kim, Hugh Hoikwang & Maurer, Raimond & Mitchell, Olivia S., 2016. "Time is money: Rational life cycle inertia and the delegation of investment management," Journal of Financial Economics, Elsevier, vol. 121(2), pages 427-447.
    85. Cappelletti, Giuseppe & Guazzarotti, Giovanni & Tommasino, Pietro, 2014. "The effect of age on portfolio choices: evidence from an Italian pension fund," Journal of Pension Economics and Finance, Cambridge University Press, vol. 13(4), pages 389-419, October.
    86. Albert, Juan-Francisco & Peñalver, Antonio & Perez-Bernabeu, Alberto, 2020. "The effects of monetary policy on income and wealth inequality in the U.S. Exploring different channels," Structural Change and Economic Dynamics, Elsevier, vol. 55(C), pages 88-106.
    87. Li, Zhenghui & Mo, Bin & Nie, He, 2023. "Time and frequency dynamic connectedness between cryptocurrencies and financial assets in China," International Review of Economics & Finance, Elsevier, vol. 86(C), pages 46-57.
    88. Markus K. Brunnermeier & Stefan Nagel, 2006. "Do Wealth Fluctuations Generate Time-varying Risk Aversion? Micro-Evidence on Individuals' Asset Allocation," NBER Working Papers 12809, National Bureau of Economic Research, Inc.
    89. Huang Shunwu & Chang Wang & Zheng Lan, 2015. "Earnings Surprise, Portfolio Inertia and Stock Price Volatility," Journal of Systems Science and Information, De Gruyter, vol. 3(4), pages 301-320, August.

  38. Dimitrios Christelis & Dimitris Georgarakos & Michael Haliassos, 2009. "Stockholding: From Participation to Location and to Participation Spillovers," CSEF Working Papers 230, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.

    Cited by:

    1. Christelis, Dimitris & Georgarakos, Dimitris, 2009. "Investing at home and abroad: Different costs, different people," CFS Working Paper Series 2009/28, Center for Financial Studies (CFS).

  39. Dimitrios Christelis & Dimitris Georgarakos, 2009. "Household Economic Decisions under the Shadow of Terrorism," CSEF Working Papers 213, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.

    Cited by:

    1. Daniel MIRZA & Elena STANCANELLI & Thierry VERDIER, 2021. "Household Expenditure in the Wake of Terrorism: evidence from high frequency in-home-scanner data," LEO Working Papers / DR LEO 2917, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
    2. Hina, Hafsa, 2017. "Household Consumption Behavior in Pakistan under the Shadow of Personal Insecurity," MPRA Paper 77410, University Library of Munich, Germany.

  40. Christelis, Dimitris & Georgarakos, Dimitris & Haliassos, Michael, 2008. "Economic integration and mature portfolios," CFS Working Paper Series 2008/05, Center for Financial Studies (CFS).

    Cited by:

    1. Mertzanis, Charilaos & Basuony, Mohamed A.K. & Mohamed, Ehab K.A., 2019. "Social institutions, corporate governance and firm-performance in the MENA region," Research in International Business and Finance, Elsevier, vol. 48(C), pages 75-96.
    2. Vinokurov, Evgeny, 2010. "The System of Indicators of Eurasian Integration," MPRA Paper 22227, University Library of Munich, Germany.
    3. Dimitris Georgarakos & Giacomo Pasini, 2011. "Trust, Sociability, and Stock Market Participation," Review of Finance, European Finance Association, vol. 15(4), pages 693-725.
    4. Vinokurov, Evgeny, 2009. "Systema Indikatorov Evraziyskoy Integracii [The System of Indicators of Eurasian Integration]," MPRA Paper 20914, University Library of Munich, Germany.
    5. Fabian Eser, 2009. "Monetary Policy in a Currency Union with Heterogeneous Limited Asset Markets Participation," Economics Papers 2009-W16, Economics Group, Nuffield College, University of Oxford.
    6. Musso, Alberto & Neri, Stefano & Stracca, Livio, 2010. "Housing, consumption and monetary policy: how different are the US and the euro area?," Working Paper Series 1161, European Central Bank.
    7. Georgarakos, Dimitris & Lojschova, Adriana & Ward-Warmedinger, Melanie E., 2009. "Mortgage Indebtedness and Household Financial Distress," IZA Discussion Papers 4631, Institute of Labor Economics (IZA).
    8. Fabian Eser, 2009. "Monetary Policy in a Currency Union with Heterogeneous Limited Asset Markets Participation," Economics Series Working Papers 2009-W16, University of Oxford, Department of Economics.
    9. Yinan Yang & Qian Wang, 2018. "Insurance Inclusion, Time Preference And Stock Investment Of The Chinese Households," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 63(01), pages 27-44, March.

  41. Dimitrios Christelis & Dimitris Georgarakos, 2008. "Investing at Home and Abroad: Different Costs, Different People?," CSEF Working Papers 188, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 10 Jan 2013.

    Cited by:

    1. Robert Kollmann, 2012. "Limited asset market participation and the consumption-real exchange rate anomaly," Canadian Journal of Economics, Canadian Economics Association, vol. 45(2), pages 566-584, May.
    2. Dimitrios Christelis & Dimitris Georgarakos & Michael Haliassos, 2009. "Stockholding: From Participation to Location and to Participation Spillovers," CSEF Working Papers 230, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    3. Breitenlechner, Max & Georgiadis, Georgios & Schumann, Ben, 2022. "What goes around comes around: How large are spillbacks from US monetary policy?," Journal of Monetary Economics, Elsevier, vol. 131(C), pages 45-60.
    4. Kapteyn, Arie & Teppa, Federica, 2011. "Subjective measures of risk aversion, fixed costs, and portfolio choice," Journal of Economic Psychology, Elsevier, vol. 32(4), pages 564-580, August.
    5. Kollmann, Robert, 2014. "Exchange Rates Dynamics with Long-Run Risk and Recursive Preferences," CEPR Discussion Papers 10232, C.E.P.R. Discussion Papers.
    6. Tobias Broer, 2013. "The home bias of the poor: terms of trade effects and portfolios across the wealth distribution," 2013 Meeting Papers 618, Society for Economic Dynamics.
    7. Christelis, Dimitris & Georgarakos, Dimitris & Haliassos, Michael, 2008. "Economic integration and mature portfolios," CFS Working Paper Series 2008/05, Center for Financial Studies (CFS).
    8. Kliatskova, Tatsiana & Savatier, Loïc Baptiste & Schmidt, Michael, 2023. "Insolvency regimes and cross-border investment decisions," Journal of International Money and Finance, Elsevier, vol. 131(C).
    9. Martijn A. Boermans & Robert Vermeulen, 2020. "International investment positions revisited: Investor heterogeneity and individual security characteristics," Review of International Economics, Wiley Blackwell, vol. 28(2), pages 466-496, May.
    10. Okawa, Yohei & van Wincoop, Eric, 2012. "Gravity in International Finance," Journal of International Economics, Elsevier, vol. 87(2), pages 205-215.
    11. Haliassos, Michael & Georgarakos, Dimitris, 2010. "Stockholding: Participation, Location, and Spillovers," CEPR Discussion Papers 8113, C.E.P.R. Discussion Papers.
    12. Robert Kollmann, 2015. "Exchange Rate and Current Account Dynamics: the Role of Asset Market Structure, Long-Run Risk and Risk Appetite," 2015 Meeting Papers 1397, Society for Economic Dynamics.
    13. Beracha, Eli & Fedenia, Mark & Skiba, Hilla, 2014. "Culture's impact on institutional investors' trading frequency," International Review of Financial Analysis, Elsevier, vol. 31(C), pages 34-47.
    14. Broer, Tobias, 2017. "The home bias of the poor: Foreign asset portfolios across the wealth distribution," European Economic Review, Elsevier, vol. 92(C), pages 74-91.
    15. Siraj G. Bawa & Nam T. Vu, 2020. "International effects of corporate tax cuts on income distribution," Review of International Economics, Wiley Blackwell, vol. 28(5), pages 1164-1190, November.
    16. Boyer, Christopher N. & Lambert, Dayton M. & Velandia, Margarita & English, Burton C. & Robert, Roland K. & Larson, James A. & Larkin, Sherry L. & Paudel, Krishna P. & Reeves, Jeanne M., 2016. "Cotton Producer Awareness and Participation in Cost-Sharing Programs for Precision Nutrient-Management Technology," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 41(01), pages 1-16, January.
    17. Vahagn Galstyan & Adnan Velic, 2018. "International Investment Patterns: the Case of German Sectors," Open Economies Review, Springer, vol. 29(3), pages 665-685, July.

  42. Georgarakos, Dimitris & Tatsiramos, Konstantinos, 2007. "Entrepreneurship and Survival Dynamics of Immigrants to the U.S. and their Descendants," IZA Discussion Papers 2792, Institute of Labor Economics (IZA).

    Cited by:

    1. Marilyn Young & John James Cater & Kevin James, 2019. "Examining Barriers To Success And Sources Of Assistance For U.S. Hispanic Female Entrepreneurs," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 24(02), pages 1-22, June.
    2. Schanne, Norbert & Weyh, Antje, 2009. "What makes start-ups out of unemployment different?," IAB-Discussion Paper 200904, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    3. Georgarakos, Dimitris & Tatsiramos, Konstantinos, 2009. "Immigrant Self-Employment: Does Intermarriage Matter?," IZA Discussion Papers 4350, Institute of Labor Economics (IZA).
    4. Millán, José María & Congregado, Emilio & Román, Concepción, 2010. "Determinants of Self-Employment Dynamics and their Implications on Entrepreneurial Policy Effectiveness," Revista Lecturas de Economía, Universidad de Antioquia, CIE, August.
    5. Mueller, Elisabeth, 2011. "Entrepreneurs from low-skilled immigrant groups in knowledge-intensive industries - company characteristics, survival and innovative performance," ZEW Discussion Papers 11-030, ZEW - Leibniz Centre for European Economic Research.
    6. Vera Rocha & Anabela Carneiro & Celeste Amorim Varum, 2013. "Entrepreneurship Dynamics: Entry Routes, Business-Owner's Persistence and Exit Modes," CEF.UP Working Papers 1310, Universidade do Porto, Faculdade de Economia do Porto.
    7. Gonzalo Castañeda, 2013. "The Rise and Fall of the Barcelonnettes in Mexico and their Implications for a Theory of Entrepreneurial Diasporas," Economía Mexicana NUEVA ÉPOCA, CIDE, División de Economía, vol. 0(4, Cierre), pages 497-540.
    8. Berrittella, Maria, 2012. "Modelling the labour market of minority ethnic groups," Journal of Policy Modeling, Elsevier, vol. 34(3), pages 389-402.
    9. Green, David A. & Liu, Huju & Ostrovsky, Yuri & Picot, Garnett, 2023. "Are Immigrants Particularly Entrepreneurial? Policy Lessons from a Selective Immigration System," IZA Discussion Papers 16515, Institute of Labor Economics (IZA).
    10. Vera Rocha & Anabela Carneiro & Celeste Varum, 2015. "Entry and exit dynamics of nascent business owners," Small Business Economics, Springer, vol. 45(1), pages 63-84, June.
    11. Bellido-Jiménez, Víctor Manuel & Martín-Martín, Domingo & Romero Luna, Isidoro, 2022. "Autoempleo en inmigrantes y supervivencia empresarial de los negocios incubados en Andalucía," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 52, pages 59-80.
    12. Georgarakos, Dimitris & Tatsiramos, Konstantinos, 2009. "Entrepreneurship and survival dynamics of immigrants to the U.S. and their descendants," Labour Economics, Elsevier, vol. 16(2), pages 161-170, April.
    13. Grashuis, Jasper, 2021. "Self-employment duration during the COVID-19 pandemic: A competing risk analysis," Journal of Business Venturing Insights, Elsevier, vol. 15(C).
    14. Rezaee Vessal, Saeedeh & Partouche-Sebban, Judith & Scuotto, Veronica & Maalaoui, Adnane, 2021. "Overcoming stressful life events at do-it-yourself (DIY) laboratories. A new trailblazing career for disadvantaged entrepreneurs," Technological Forecasting and Social Change, Elsevier, vol. 164(C).
    15. Millán, José María & Congregado, Emilio & Román, Concepción, 2014. "Persistence in entrepreneurship and its implications for the European entrepreneurial promotion policy," Journal of Policy Modeling, Elsevier, vol. 36(1), pages 83-106.
    16. Cumming, Douglas & Walz, Uwe & Werth, Jochen Christian, 2016. "Entrepreneurial spawning: Experience, education, and exit," SAFE Working Paper Series 122 [rev.], Leibniz Institute for Financial Research SAFE, revised 2016.
    17. José Millán & Emilio Congregado & Concepción Román, 2012. "Determinants of self-employment survival in Europe," Small Business Economics, Springer, vol. 38(2), pages 231-258, February.
    18. Jonas Debrulle, 2016. "The Role of Entrepreneurship in the Context of Career Trajectories: Moving Back into Wage Employment or into Unemployment?," LABOUR, CEIS, vol. 30(2), pages 180-197, June.
    19. Konon, Alexander, 2015. "Personality traits, subjective learning, and entrepreneurial decision making," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112805, Verein für Socialpolitik / German Economic Association.
    20. Dr Max Nathan, 2013. "The wider economic impacts of high-skilled migrants: a survey of the literature," National Institute of Economic and Social Research (NIESR) Discussion Papers 413, National Institute of Economic and Social Research.
    21. Zaharieva, Anna & Iftikhar, Zainab, 2024. "Job Search, Entrepreneurship and Labour Market Outcomes of Natives and Immigrants in Germany," VfS Annual Conference 2024 (Berlin): Upcoming Labor Market Challenges 302348, Verein für Socialpolitik / German Economic Association.
    22. Gergely Horváth & Rui Zhang, 2022. "Ethnic entrepreneurship, assimilation, and integration policy," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(4), pages 781-816, August.
    23. Robert W. Fairlie & Harry Krashinsky & Julie Zissimopoulos & Krishna B. Kumar, 2010. "Indian Entrepreneurial Success in the United States, Canada and the United Kingdom," Working Papers WR-727, RAND Corporation.
    24. Cumming, Douglas & Walz, Uwe & Werth, Jochen Christian, 2015. "The dynamics of entrepreneurial careers in high-tech ventures: Experience, education, and exit," SAFE Working Paper Series 122, Leibniz Institute for Financial Research SAFE.
    25. Nathan, Max, 2013. "The Wider Economic Impacts of High-Skilled Migrants: A Survey of the Literature," IZA Discussion Papers 7653, Institute of Labor Economics (IZA).

  43. Bilias, Yannis & Georgarakos, Dimitris & Haliassos, Michael, 2005. "Equity culture and the distribution of wealth," CFS Working Paper Series 2005/20, Center for Financial Studies (CFS).

    Cited by:

    1. Ilias Georgakopoulos, 2019. "Income and Wealth Inequality in Malta," International Journal of Social Science Studies, Redfame publishing, vol. 7(5), pages 58-71, September.
    2. Andreas Hackethal & Michael Haliassos & Tullio Jappelli, 2009. "Financial Advisors: A Case of Babysitters?," CSEF Working Papers 219, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 03 Mar 2011.
    3. Michael, Haliassos & Dimitris, Christelis & Dimitris, Georgarakos, 2010. "Differences in Portfolios across Countries: Economic Environment versus Household Characteristics," MEA discussion paper series 10204, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    4. Bilias, Yannis & Georgarakos, Dimitris & Haliassos, Michael, 2006. "Portfolio inertia and stock market fluctuations," CFS Working Paper Series 2006/14, Center for Financial Studies (CFS).
    5. Christelis, Dimitris & Georgarakos, Dimitris & Haliassos, Michael, 2008. "Economic integration and mature portfolios," CFS Working Paper Series 2008/05, Center for Financial Studies (CFS).
    6. Michael, Bryane & Hartwell, Christopher A. & Ho, Gary, 2013. "Does Financial Market Development Explain (or at Least Predict) the Demand for Wealth Management and Private Banking Services in Developing Markets?," EconStor Preprints 109960, ZBW - Leibniz Information Centre for Economics.
    7. Peter Lindner, 2015. "Factor decomposition of the wealth distribution in the euro area," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 42(2), pages 291-322, May.
    8. Haliassos, Michael & Georgarakos, Dimitris, 2010. "Stockholding: Participation, Location, and Spillovers," CEPR Discussion Papers 8113, C.E.P.R. Discussion Papers.
    9. Michael Berlemann & Marc-André Luik, 2014. "Institutional Reform and Depositors' Portfolio Choice - Evidence from Censored Quantile Regressions," CESifo Working Paper Series 4782, CESifo.
    10. Christelis, Dimitris & Georgarakos, Dimitris, 2009. "Investing at home and abroad: Different costs, different people," CFS Working Paper Series 2009/28, Center for Financial Studies (CFS).

  44. Bilias, Yannis & Georgarakos, Dimitris & Haliassos, Michael, 2005. "Equity culture and the distribution of wealth," CFS Working Paper Series 2005/20, Center for Financial Studies (CFS).

    Cited by:

    1. Ilias Georgakopoulos, 2019. "Income and Wealth Inequality in Malta," International Journal of Social Science Studies, Redfame publishing, vol. 7(5), pages 58-71, September.
    2. Andreas Hackethal & Michael Haliassos & Tullio Jappelli, 2009. "Financial Advisors: A Case of Babysitters?," CSEF Working Papers 219, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 03 Mar 2011.
    3. Michael, Haliassos & Dimitris, Christelis & Dimitris, Georgarakos, 2010. "Differences in Portfolios across Countries: Economic Environment versus Household Characteristics," MEA discussion paper series 10204, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
    4. Bilias, Yannis & Georgarakos, Dimitris & Haliassos, Michael, 2006. "Portfolio inertia and stock market fluctuations," CFS Working Paper Series 2006/14, Center for Financial Studies (CFS).
    5. Christelis, Dimitris & Georgarakos, Dimitris & Haliassos, Michael, 2008. "Economic integration and mature portfolios," CFS Working Paper Series 2008/05, Center for Financial Studies (CFS).
    6. Michael, Bryane & Hartwell, Christopher A. & Ho, Gary, 2013. "Does Financial Market Development Explain (or at Least Predict) the Demand for Wealth Management and Private Banking Services in Developing Markets?," EconStor Preprints 109960, ZBW - Leibniz Information Centre for Economics.
    7. Peter Lindner, 2015. "Factor decomposition of the wealth distribution in the euro area," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 42(2), pages 291-322, May.
    8. Haliassos, Michael & Georgarakos, Dimitris, 2010. "Stockholding: Participation, Location, and Spillovers," CEPR Discussion Papers 8113, C.E.P.R. Discussion Papers.
    9. Michael Berlemann & Marc-André Luik, 2014. "Institutional Reform and Depositors' Portfolio Choice - Evidence from Censored Quantile Regressions," CESifo Working Paper Series 4782, CESifo.
    10. Christelis, Dimitris & Georgarakos, Dimitris, 2009. "Investing at home and abroad: Different costs, different people," CFS Working Paper Series 2009/28, Center for Financial Studies (CFS).

Articles

  1. Michael Weber & Bernardo Candia & Hassan Afrouzi & Tiziano Ropele & Rodrigo Lluberas & Serafin Frache & Brent Meyer & Saten Kumar & Yuriy Gorodnichenko & Dimitris Georgarakos & Olivier Coibion & Geoff, 2025. "Tell Me Something I Don't Already Know: Learning in Low‐ and High‐Inflation Settings," Econometrica, Econometric Society, vol. 93(1), pages 229-264, January.
    See citations under working paper version above.
  2. Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio & Kenny, Geoff, 2025. "Wealth shocks and portfolio choice," Journal of Monetary Economics, Elsevier, vol. 149(C).
    See citations under working paper version above.
  3. Olivier Coibion & Dimitris Georgarakos & Yuriy Gorodnichenko & Geoff Kenny & Michael Weber, 2024. "The Effect of Macroeconomic Uncertainty on Household Spending," American Economic Review, American Economic Association, vol. 114(3), pages 645-677, March.
    See citations under working paper version above.
  4. Georgarakos, Dimitris & Kenny, Geoff & Meyer, Justus, 2023. "Recent changes in consumers’ medium-term inflation expectations – a detailed look," Research Bulletin, European Central Bank, vol. 104.

    Cited by:

  5. Olivier Coibion & Dimitris Georgarakos & Yuriy Gorodnichenko & Maarten van Rooij, 2023. "How Does Consumption Respond to News about Inflation? Field Evidence from a Randomized Control Trial," American Economic Journal: Macroeconomics, American Economic Association, vol. 15(3), pages 109-152, July.
    See citations under working paper version above.
  6. Da Silva, António Dias & Georgarakos, Dimitris & Weißler, Marco, 2023. "How people want to work – preferences for remote work after the pandemic," Economic Bulletin Boxes, European Central Bank, vol. 1.

    Cited by:

    1. Anna Michalkiewicz & Marzena Syper-Jedrzejak, 2023. "Dealing With Pressure and Stress as a Social Competence of a Manager Developed in Distance Education," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 119-130.

  7. Olivier Coibion & Dimitris Georgarakos & Yuriy Gorodnichenko & Michael Weber, 2023. "Forward Guidance and Household Expectations," Journal of the European Economic Association, European Economic Association, vol. 21(5), pages 2131-2171.
    See citations under working paper version above.
  8. Georgarakos, Dimitris & Kenny, Geoff, 2022. "Household spending and fiscal support during the pandemic – the role of public perceptions," Research Bulletin, European Central Bank, vol. 94.

    Cited by:

    1. Dimitris Georgarakos & Tullio Jappelli & Geoff Kenny & Luigi Pistaferri, 2023. "Labor Supply Response to Windfall Gains," CSEF Working Papers 682, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    2. Zeqiraj, Veton & Gurdgiev, Constantin & Sohag, Kazi & Hammoudeh, Shawkat, 2024. "Economic uncertainty, public debt and non-performing loans in the Eurozone: Three systemic crises," International Review of Financial Analysis, Elsevier, vol. 93(C).
    3. Ambrocio, Gene & Hasan, Iftekhar, 2022. "Belief polarization and Covid-19," Bank of Finland Research Discussion Papers 10/2022, Bank of Finland.
    4. Michael Weber & Bernardo Candia & Hassan Afrouzi & Tiziano Ropele & Rodrigo Lluberas & Serafin Frache & Brent Meyer & Saten Kumar & Yuriy Gorodnichenko & Dimitris Georgarakos & Olivier Coibion & Geoff, 2025. "Tell Me Something I Don't Already Know: Learning in Low‐ and High‐Inflation Settings," Econometrica, Econometric Society, vol. 93(1), pages 229-264, January.
    5. Dimitris Georgarakos & Yuriy Gorodnichenko & Olivier Coibion & Geoff Kenny, 2024. "The Causal Effects of Inflation Uncertainty on Households' Beliefs and Actions," NBER Working Papers 33014, National Bureau of Economic Research, Inc.
    6. Meinerding, Christoph & Poinelli, Andrea & Schüler, Yves, 2023. "Households’ inflation expectations and concern about climate change," European Journal of Political Economy, Elsevier, vol. 80(C).

  9. Georgarakos, Dimitris & Kenny, Geoff, 2022. "Household spending and fiscal support during the COVID-19 pandemic: Insights from a new consumer survey," Journal of Monetary Economics, Elsevier, vol. 129(S), pages 1-14.
    See citations under working paper version above.
  10. Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio & Pistaferri, Luigi & Rooij, Maarten van, 2021. "Heterogeneous wealth effects," European Economic Review, Elsevier, vol. 137(C).
    See citations under working paper version above.
  11. Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio & Kenny, Geoff, 2021. "How has the COVID-19 crisis affected different households’ consumption in the euro area?," Research Bulletin, European Central Bank, vol. 84.

    Cited by:

    1. Ewa Stanisławska & Maritta Paloviita, 2021. "Medium- vs. short-term consumer inflation expectations: evidence from a new euro area survey," NBP Working Papers 338, Narodowy Bank Polski.

  12. Dimitris Christelis & Michael Ehrmann & Dimitris Georgarakos, 2021. "Exploring Differences in Household Debt across the United States and Euro Area Countries," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 53(2-3), pages 477-501, March.
    See citations under working paper version above.
  13. Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli & Maarten van Rooij, 2020. "Consumption Uncertainty and Precautionary Saving," The Review of Economics and Statistics, MIT Press, vol. 102(1), pages 148-161, March.
    See citations under working paper version above.
  14. Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli & Maarten van Rooij, 2020. "Trust in the Central Bank and Inflation Expectations," International Journal of Central Banking, International Journal of Central Banking, vol. 16(6), pages 1-37, December.
    See citations under working paper version above.
  15. Christelis, Dimitris & Georgarakos, Dimitris & Sanz-de-Galdeano, Anna, 2020. "The impact of health insurance on stockholding: A regression discontinuity approach," Journal of Health Economics, Elsevier, vol. 69(C).
    See citations under working paper version above.
  16. Dimitris Christelis & Dimitris Georgarakos & Tullio Jappelli & Luigi Pistaferri & Maarten van Rooij, 2019. "Asymmetric Consumption Effects of Transitory Income Shocks," The Economic Journal, Royal Economic Society, vol. 129(622), pages 2322-2341.
    See citations under working paper version above.
  17. Florian Deuflhard & Dimitris Georgarakos & Roman Inderst, 2019. "Financial Literacy and Savings Account Returns," Journal of the European Economic Association, European Economic Association, vol. 17(1), pages 131-164.
    See citations under working paper version above.
  18. Georgarakos, Dimitris, 2018. "Do consumers respond symmetrically to positive and negative income shocks?," Research Bulletin, European Central Bank, vol. 44.

    Cited by:

    1. Dimitrios Sideris & Georgia Pavlou, 2021. "Disaggregate income and wealth effects on private consumption in Greece," Working Papers 293, Bank of Greece.

  19. Yannis Bilias & Dimitris Georgarakos & Michael Haliassos, 2017. "Has Greater Stock Market Participation Increased Wealth Inequality in the Us?," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 63(1), pages 169-188, March.

    Cited by:

    1. Wang, Yi & Niu, Geng & Zhou, Yang & Lu, Weijie, 2023. "Broadband internet and stock market participation," International Review of Financial Analysis, Elsevier, vol. 85(C).
    2. Cupák, Andrej & Fessler, Pirmin & Hsu, Joanne W. & Paradowski, Piotr R., 2022. "Investor confidence and high financial literacy jointly shape investments in risky assets," Economic Modelling, Elsevier, vol. 116(C).
    3. Bahmani-Oskooee, Mohsen & Hasanzade, Mehrnoosh & Bahmani, Sahar, 2022. "Stock returns and income inequality: Asymmetric evidence from state level data in the U.S," Global Finance Journal, Elsevier, vol. 52(C).
    4. Andrej Cupák & Pirmin Fessler & Joanne W. Hsu & Piotr R. Paradowski, 2020. "Confidence, Financial Literacy and Investment in Risky Assets: Evidence from the Survey of Consumer Finances," Finance and Economics Discussion Series 2020-004, Board of Governors of the Federal Reserve System (U.S.).
    5. Kuo-Shing Chen & Chien-Chiang Lee & Huolien Tsai, 2019. "Taxation of Wealthy Individuals, Inequality Governance and Corporate Social Responsibility," Sustainability, MDPI, vol. 11(7), pages 1-23, March.
    6. Fasianos, Apostolos & Tsoukalis, Panos, 2023. "Decomposing wealth inequalities in the wake of the Greek debt crisis," The Journal of Economic Asymmetries, Elsevier, vol. 28(C).

  20. Christelis, Dimitris & Georgarakos, Dimitris & Jappelli, Tullio, 2015. "Wealth shocks, unemployment shocks and consumption in the wake of the Great Recession," Journal of Monetary Economics, Elsevier, vol. 72(C), pages 21-41.
    See citations under working paper version above.
  21. Georgarakos, Dimitris & Fürth, Sven, 2015. "Household repayment behavior: The role of social capital and institutional, political, and religious beliefs," European Journal of Political Economy, Elsevier, vol. 37(C), pages 249-265.

    Cited by:

    1. Yann Algan & Pierre Cahuc, 2010. "Inherited Trust and Growth," SciencePo Working papers Main hal-03384693, HAL.
    2. Banerjee, Ritwik, 2016. "On the Interpretation of World Values Survey Trust Question: Global Expectations vs. Local Beliefs," IZA Discussion Papers 9872, Institute of Labor Economics (IZA).
    3. Bursian, Dirk & Fürth, Sven, 2013. "Trust me! I am a European Central Banker," SAFE Working Paper Series 31, Leibniz Institute for Financial Research SAFE.
    4. Dang, Le Phuong Xuan & Hoang, Viet-Ngu & Nghiem, Son Hong & Wilson, Clevo, 2023. "Social networks with organisational resource, generalised trust and informal loans: Evidence from rural Vietnam," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 388-402.
    5. Goeschl, Timo & Jarke, Johannes, 2014. "Trust, but verify? When trustworthiness is observable only through (costly) monitoring," WiSo-HH Working Paper Series 20, University of Hamburg, Faculty of Business, Economics and Social Sciences, WISO Research Laboratory.
    6. Jalan, Akanksha & Matkovskyy, Roman & Urquhart, Andrew & Yarovaya, Larisa, 2023. "The role of interpersonal trust in cryptocurrency adoption," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 83(C).
    7. Lenarčič, Črt, 2022. "Drivers of household arrears: an euro area country panel data analysis," MPRA Paper 114558, University Library of Munich, Germany.
    8. Le Phuong Xuan Dang & Viet-Ngu Hoang & Son Hong Nghiem & Clevo Wilson, 2023. "Social capital and informal credit access: empirical evidence from a Vietnamese household panel survey," Empirical Economics, Springer, vol. 65(1), pages 311-340, July.
    9. David ARISTEI & Manuela Gallo, 2012. "The Drivers of Household Over-Indebtedness and Delinquency on Mortgage Loans: Evidence from Italian Microdata," Quaderni del Dipartimento di Economia, Finanza e Statistica 105/2012, Università di Perugia, Dipartimento Economia.
    10. Adrià Pons & Eduard Cristobal-Fransi & Carla Vintrò & Josep Rius & Oriol Querol & Jordi Vilaplana, 2023. "An Application of the IFM Method for the Risk Assessment of Financial Instruments," Computational Economics, Springer;Society for Computational Economics, vol. 61(1), pages 295-315, January.

  22. Dimitris Georgarakos & Michael Haliassos & Giacomo Pasini, 2014. "Household Debt and Social Interactions," The Review of Financial Studies, Society for Financial Studies, vol. 27(5), pages 1404-1433.
    See citations under working paper version above.
  23. Dimitris Christelis & Dimitris Georgarakos & Michael Haliassos, 2013. "Differences in Portfolios across Countries: Economic Environment versus Household Characteristics," The Review of Economics and Statistics, MIT Press, vol. 95(1), pages 220-236, March.
    See citations under working paper version above.
  24. Christelis, Dimitris & Georgarakos, Dimitris, 2013. "Investing at home and abroad: Different costs, different people?," Journal of Banking & Finance, Elsevier, vol. 37(6), pages 2069-2086.
    See citations under working paper version above.
  25. Christelis, Dimitris & Georgarakos, Dimitris & Haliassos, Michael, 2011. "Stockholding: Participation, location, and spillovers," Journal of Banking & Finance, Elsevier, vol. 35(8), pages 1918-1930, August.
    See citations under working paper version above.
  26. Dimitris Georgarakos & Giacomo Pasini, 2011. "Trust, Sociability, and Stock Market Participation," Review of Finance, European Finance Association, vol. 15(4), pages 693-725.
    See citations under working paper version above.
  27. Yannis Bilias & Dimitris Georgarakos & Michael Haliassos, 2010. "Portfolio Inertia and Stock Market Fluctuations," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(4), pages 715-742, June.
    See citations under working paper version above.
  28. Georgarakos, Dimitris & Tatsiramos, Konstantinos, 2009. "Entrepreneurship and survival dynamics of immigrants to the U.S. and their descendants," Labour Economics, Elsevier, vol. 16(2), pages 161-170, April.
    See citations under working paper version above.

Chapters

  1. Dimitris Georgarakos & Konstantinos Tatsiramos, 2009. "Immigrant self-employment: does intermarriage matter?," Research in Labor Economics, in: Ethnicity and Labor Market Outcomes, pages 253-271, Emerald Group Publishing Limited.
    See citations under working paper version above.Sorry, no citations of chapters recorded.
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